Maharashtra State BoardHSC Commerce 12th Board Exam
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Arrange in proper order. Return of allotment Application form Minimum subscription - Secretarial Practice

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Short Note

Explain the following term/concept.

Bonus shares

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Solution

(a) Bonus issues refers to the fully paid up shares given to its existing equity shareholders without any cost, based upon the number of shares they own.
(b) Usually, financially sound companies issue bonus shares out of its accumulated distributable profits or reserves. Hence, as the profits or reserves are capitalised, it is also called as ‘Capitalisation of Profits or Reserves’.

Concept: Issue of Shares
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APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
Exercises | Q 2. 2. | Page 65
SCERT Maharashtra Question Bank 12th Standard HSC Secretarial Practice Maharashtra State Board 2022
Chapter 3 Issue of Shares
Explain the following terms/concepts | Q 2
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