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Section 63 of the Companies Act, 2013, allows a company to issue fully paid-up bonus shares to its members, except out of its current net profit. This means that bonus shares cannot be issued using the profits earned in the current financial year. However, bonus shares can be issued using other sources such as free reserves, the securities premium account, or the capital redemption reserve account, subject to the provisions of the Companies Act.
Muhammad-bin Tughluq transferred his capital from Delhi to Devgiri (which he named Daulatabad) because
Who was responsible for the destruction of Vikramashila, one of the three major Buddhist monasteries in India during the Pala Empire?
Begum Hazrat Mahal was the consort of which Nawab of Awadh?
Who organized second Buddhist council?
During which ruler's reign did Pietra dura, the art of inlaying colored stones into marble, gain popularity?
hIn which year was the Battle of Plassey fought?
Who declared the revolt of 1857 as a ‘national revolt’ in the House of Commons?
Bindusara, an ancient emperor of India, was part of which empire?
The son of Shah Jahan , who studied the New Testament, the writings of the Muslim suns, the Vedanta philosophy, Upaniahadas, etc. and sought to find a m...
The first Sultan to adopt the principle of measurement of cultivable land for determining the land revenue was
