Bare ActsThe Companies Act, 2013

Section 378ZJ

Issue of bonus shares.

Amendment status not verified — confirm the current text below against the official source.

1 [378ZJ. Issue of bonus Shares.-- Any Producer Company may, upon recommendation of the Board and passing of resolution in the general meeting, issue bonus shares by capitalisation of amounts from general reserves referred to in section 378Z-I in proportion to the shares held by the Members on the date of the issue of such shares.]

Amended up to 2019-04-22View on India Code →
Section 378ZJ – The Companies Act, 2013 | DailyLaw.ai