(a) What is a bonus share ? (b) State the Provision of the Companies Act, 2013 for...
Question:
(a) What is a bonus share ?
(b) State the Provision of the Companies Act, 2013 for the issue of bonus shares.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
a Bonus Share A bonus share also known as a scrip dividend or capitalization issue is an additional share given to existing shareholders by a company ...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
What is a rights share ? State the Provision of the Companies Act, 2013 for the issue of rights share.
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the following article carefully. There are fifteen (15) wrong information in the article. Highlight the wrong information and rectify the wrong information using the following format. E.g. Wrong...
-
Identify possible opportunities for denormalizing these relations as part of the physical design of the database. Which ones would you be most likely to implement
-
Restaurant Marketing Services, Inc. offers affinity card marketing and monitoring systems to fine dining establishments nationwide. Fixed costs are $600,000 per year. Sponsoring restaurants are paid...
-
a. Consider the supersonic flow described in Example 4.10, where \(M_{1}=2.8, p_{1}=1 \mathrm{~atm}\), and \(M_{3}=1.45\). This flow is shown in Fig. 4.20a. Calculate the total pressure in region 3...
-
To be able to identify the different ways of connecting to the Internet and their respective advantages and disadvantages. LO.1
-
A survey of 36 randomly selected iPhone owners showed that the purchase price has a mean of $416 with a sample standard deviation of $180. a. Compute the standard error of the sample mean. b. Compute...
-
8. Explain the CAPM model. [HINT: we need to DISCUSS systematic and unsystematic risks, diversification, how CAPM was designed, assumptions CAPM makes, SML line, the model and the variables in the...
-
Sweetwell Co. Ltd has a share capital of 7,00,000 in equity shares of 10 each which are quoted in the market at 20. The company now declares a bonus is to be paid by issue of 40,000 fully paid equity...
-
Super Star Ltd offered 10,000 equity shares of 100 each for subscription at a premium of 20 per share payable as follows: on application 10; on allotment 40 (including premium); on 1st call 20;...
-
Computers that are automatically updated by the IS Department with software upgrades and patches, etc., cannot be allowed to go into sleep mode because if they are sleeping they will not be able to...
-
The figure shows a turbine-driven pump that provides water, at high pressure, to a tank located 25-m higher than the pump. Steady-state operating data for the turbine and the pump are labelled on the...
-
Step 1 Step 2 1. Sketch what step 4 and then step 5 would look like. Step 4 Step S 2. How many black triangles are in each step? Step 1 black A = | Step 2 = 4 black A's step 3 = 13 black D's 3. What...
-
The pressure cooker pictured here consists of a light pressure vessel with a heavy lid of weight W. When the lid is secured, the vessel is filled with a hot pressurized gas of pressure p. After some...
-
5) A large group of students took a test in Finite Math where the grades had a mean of 72 and a standard deviation of 4. Assume that the distribution of these grades is approximated by a normal...
-
Q9 (5 points) According to Dr. Henry Mintzberg, a noted management scholar from McGill University in Montreal, PQ, "business organizations perform only two activities of consequence." What are these...
-
A person scuffing her feet on a wool rug on a dry day accumulates a net charge of -28C. How many excess electrons does she get, and by how much does her mass increase?
-
Calculate the electrical conductivity of a fiber-reinforced polyethylene part that is reinforced with 20 vol % of continuous, aligned nickel fibers.
-
Profits which would otherwise be available for dividend is known as __________.
-
True or False. Premium on issue of debentures can be used to pay premium on redemption of preference shares.
-
The following extract from the balance sheet of Vimala Ltd as on 31 st December 1997 is given to you. The company exercises its option to redeem the preference shares on 1 st January 2010. Share...
-
Fig 1. Rolling a 4 on a D4 A four sided die (D4), shaped like a pyramid (or tetrahedron), has 4 flat surfaces opposite four corner points. A number (1, 2, 3, or 4) appears close to the edge of each...
-
I just need help with question #4 please! Thank you! Windsor Manufacturing uses MRP to schedule its production. Below is the Bill of Material (BOM) for Product A. The quantity needed of the part...
-
(25) Suppose that we have an economy consisting of two farmers, Cornelius and Wheaton, who unsurprisingly farm corn c and wheat w, respectively. Assume that both farmers produce their crop of choice...
Study smarter with the SolutionInn App