Daily Archives: March 26, 2014

ISSUE OF BONUS SHARES-COMPANIES ACT, 2013

There was no specific section under the Companies Act, 1956 dealing with Bonus Shares. Companies were following the norms prescribed by the Controller of Capital issues. Once SEBI came into existence and controller of Capital issues were abolished, unlisted Private Limited Companies and Public Limited Companies were free to issue Bonus Shares if there were… Read More

MCA notifies a majority of sections of Companies Act, 2013 from 1st April, 2014

The Ministry of Corporate Affairs has notified a majority of sections of Companies Act, 2013 from 1st April, 2014. The notification is attached herewith.   Read More

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