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Bonus issue

Accountancy

In authorised capital, whether we have to add issue of bonus share(subscribed) or issue of bonus share(authorised), because SM gave different treatment to different answers.Kindly clarify.

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Madhaan S

Madhaan S

CA Final

14K+

30-May-21 13:23

629

Answers (3)

There is no rule that Authorised capital has to be proportionately increased. Explained in class as well. You can increase it to the extent of total pid up capital.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

30-May-21 13:53

CA Suraj Lakhotia Admin

There is no rule that Authorised capital has to be proportionately increased. Explained in class as well. You can increase it to the extent of total pid up capital.

Oh thankyou sir.


Thread Starter

Madhaan S

Madhaan S

CA Final

14K+

30-May-21 20:11

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