Form with which the board of directors of a corporation records the contents of its first meeting.
Board Meeting Corporate For Bonus Issue In Fulton
State:
Multi-State
County:
Fulton
Control #:
US-0007-CR
Format:
Word;
Rich Text
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FAQ
Procedure For Issue Of Bonus Shares Ensure the meeting has the required quorum that is â…“ rd of the total strength of the Board. Place the board resolution for approving the issue subject to the approval by shareholders in a general meeting by an ordinary resolution. Ensure that the resolution is passed.
Bonus shares are beneficial to shareholders in many ways. The advantages of bonus shares include the following: Bonus shares give investors more shares, increasing their investment and making it easier to buy and sell stocks. Those who get bonus shares don't have to worry about paying taxes because there aren't any.