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What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared
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the B Com exam syllabus. Information about What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam.
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Here you can find the meaning of What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice What are the conditions that must be satisfied for a bonus issue according to the Companies Act, 1956?a)The Articles of Association should permit bonus issue, and the company should have sufficient undistributed profits.b)The company should increase its authorized capital, and the bonus issue proposal should be approved by the Controller of Capital Issues.c)The company should have a provision for revaluation reserves, and the bonus issue should replace dividend payments.d)The company should have issued fully convertible debentures, and the bonus issue should be made within 3 months of approval.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.