Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accor
Issue of bonus shares (1) A company may issue fully paid-up bonus shares to its members, in any manner whatsoever, out of—
Provided that no issue of bonus shares shall be made by capitalising reserves created by the revaluation of assets. (2) No company shall capitalise its profits or reserves for the purpose of issuing fully paid-up bonus shares under sub-section (1), unless—
(3) The bonus shares shall not be issued in lieu of dividend. |