| A. |
Bonus shares can be issued out of General Reserves
|
| B. |
Bonus shares can be issued in lieu of dividends
|
| C. |
The partly-paid shares, if any, should be made fully paid up before the company can make a bonus issue
|
| D. |
The bonus issue should be out of free reserves built out of the genuine profits or security premium collected in cash only
|
Answer : B Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
