Which is an incorrect statement?
| A. | The issue of Bonus shares is subject to sanction from the SEBI |
| B. | The prior approval of capitalisation of reserves upto Rs. 1 crore is totally exempted |
| C. | Bonus issues beyond the ratio of 1:1 is not permitted |
| D. | Partly paid equity shares are issued as bonus shares |
Answer : D 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. |
