Dear All,
Is it possible to renounce the Bonus Issue as the act is silent in the matter of renouncing the Bonus issue or allotting the Bonus shares for the specified shareholders.??
Dear Experts,
Can a person make renouncement of right shares in favor of more than 1 person ?
Eg :
If a person is offered 10,000 shares, can he renounce 5k each in favor of 2 outsiders ?
Dear Members,
In case of Right issue of shares by the private Company, Can Non Resident shareholders renounce their shares to the resident indians?