Start learning 50% faster. Sign in now
‘Companies Act’ Section 63.Issue of bonus shares- (2) No company shall capitalise its profits or reserves for the purpose of issuing fully paid-up bonus shares under sub-section (1), unless— (a) it is authorised by its articles; (b) it has, on the recommendation of the Board, been authorised in the general meeting of the company; (c) it has not defaulted in payment of interest or principal in respect of fixed deposits or debt securities issued by it; (d) it has not defaulted in respect of the payment of statutory dues of the employees, such as, contribution to provident fund, gratuity and bonus; (e) the partly paid-up shares, if any outstanding on the date of allotment, are made fully paid-up; (f) it complies with such conditions as may be prescribed.
A magistrate may not remand the accused to police custody for
Which of the following is not required for the liability of a master to arise for a servant's actions?
Which of the statement is correct relating to Article 32 of the Constitution of India?
What does the legal maxim Qui Facit Per Alium Facit Per Se imply in the context of the law of agency?
As oer the According to the the Central Vigilance Commission Act the ____________________ may make rules with respect to the number of members of the st...
As per section 167 of the Companies Act, 2013, the office of a director shall become vacant in which of the following cases?
(a) Disqualified un...
In Section 2(10) of the Bharatiya Nyaya Sanhita, 2023, the definition of gender now encompasses ________________.
In computing the period of limitation for filing a suit the day on which it is reckoned ______.
When a fact is said to be “Not proved” as per Indian Evidence Act?
When a suit has been duly instituted, within what time frame can a summons be issued to the defendant to appear and answer the claim?