CA Inter doubt
Company can issue the bonus share to preference share holder?
Asked by Mahadevaprasad25 Jun 2024680 views
1 answer
Krishna · 25 Jun 2024
Yes. Company can issue bonus share to preference share holders, The Act does not state any provision restricting or prohibiting bonus to preference shareholders. Further it does not expressly states that bonus shares can be issued "only" to equity shareholders.
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