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Under what circumstances can bonus shares be issued in lieu of dividend?a)Bonus shares can always be issued in lieu of dividend.b)Bonus shares can only be issued if the company's reserve exceeds its paid-up capital.c)Bonus shares cannot be issued in lieu of dividend.d)Bonus shares can be issued if the company has defaulted in paying interest on debentures.Correct answer is option 'C'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Under what circumstances can bonus shares be issued in lieu of dividend?a)Bonus shares can always be issued in lieu of dividend.b)Bonus shares can only be issued if the company's reserve exceeds its paid-up capital.c)Bonus shares cannot be issued in lieu of dividend.d)Bonus shares can be issued if the company has defaulted in paying interest on debentures.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under what circumstances can bonus shares be issued in lieu of dividend?a)Bonus shares can always be issued in lieu of dividend.b)Bonus shares can only be issued if the company's reserve exceeds its paid-up capital.c)Bonus shares cannot be issued in lieu of dividend.d)Bonus shares can be issued if the company has defaulted in paying interest on debentures.Correct answer is option 'C'. Can you explain this answer?.

Solutions for Under what circumstances can bonus shares be issued in lieu of dividend?a)Bonus shares can always be issued in lieu of dividend.b)Bonus shares can only be issued if the company's reserve exceeds its paid-up capital.c)Bonus shares cannot be issued in lieu of dividend.d)Bonus shares can be issued if the company has defaulted in paying interest on debentures.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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