Which of the following statement is false:
A) bonus issue is made in lieu of dividend
B) bonus issue is not made unless the partly paid shares are made fully paid up
C) bonus issue must be implemented within six months from the date of approval
D) bonus is simply capitalisation of free reserve
Correct Answer:
Verified
Q1: Right share are not offered to the
Q2: Which of the following reserves which can
Q4: Redeemable Preference shares can be redeemed out
Q5: When Redeemable Preference shares are due for
Q6: Which of the following can be utilized
Q7: Which of the following cannot be utilized
Q8: Which of the following cannot be used
Q9: The Capital Redemption reserve is created for
Q10: Which of the following accounts can be
Q11: According to sec. 100(1)(c) of the companies
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