INTERVIEW QUESTIONS INDIAN FINANCIAL SYSTEM REGULATORY INSTITUTIONS DETAILS

Question: State the SEBI Guidelines for Bonus Issue?

Answer: 1. No bonus shares shall dilute other issues
2. Bonus issue from free reserves
3. Revaluation reserve not eligible:
4. Issue in lieu of dividend
5. Partly paid shares not eligible
6. No default of payment of interest
7. Time within which bonus issue shall be made
8. Bonus proposal cannot be withdrawn
9. Provision in the articles

1. No bonus shares shall dilute other issues
2. Bonus issue from free reserves
3. Revaluation reserve not eligible:
4. Issue in lieu of dividend
5. Partly paid shares not eligible
6. No default of payment of interest
7. Time within which bonus issue shall be made
8. Bonus proposal cannot be withdrawn
9. Provision in the articles Source: CoolInterview.com

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