All India Bar Examination (AIBE) 7-VII Previous Year Question Papers with Answers

Practice Mode:
73.

Which provision of the Companies Act, 2013 discusses about the issue of bonus shares out of its free reserves or the securities premium account or the capital redemption reserve account, subject to the compliance with certain conditions such as authorization by the articles, approval in the general meeting

A: S.36
B: S.43
C: S.63
D: S.33

The answer is: C