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Bonus issue

Accountancy

In case of sanction of bonus by converting partly paid to fully paid shares...should we consider crr or not?


Anirudh gupta

Anirudh gupta

CA Inter

27K+

26-Apr-22 19:20

564

Answers (8)

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Crr cannot be used for converting partly paid shares into fully paid by way of bonus It can be used only for issue of fully paid up shares as bonus


mani charan

mani charan

CA Final

3K+

26-Apr-22 20:28

mani charan

Crr cannot be used for converting partly paid shares into fully paid by way of bonus It can be used only for issue of fully paid up shares as bonus

In practical question 2 and 3 the solution considered crr... how is that possible

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Thread Starter

Anirudh gupta

Anirudh gupta

CA Inter

27K+

26-Apr-22 20:40

Thread Starter

Anirudh gupta

In practical question 2 and 3 the solution considered crr... how is that possible

Read the question properly That is not the case of converting into fully paid, Its the case of calling the final call and collect the amt from shareholders itself I also request you to send the question


mani charan

mani charan

CA Final

3K+

26-Apr-22 20:42

Thread Starter

Anirudh gupta

Here's the question

Read the details given below the table


mani charan

mani charan

CA Final

3K+

26-Apr-22 20:45

mani charan

Read the details given below the table

Ah OK I got it bro....thanks for the correction:)


Thread Starter

Anirudh gupta

Anirudh gupta

CA Inter

27K+

26-Apr-22 20:46

Thread Starter

Anirudh gupta

Ah OK I got it bro....thanks for the correction:)

My pleasure


mani charan

mani charan

CA Final

3K+

26-Apr-22 20:50

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