Section 378ZJ of CA 2013 : Section 378Zj: Issue Of Bonus Shares
CA 2013
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Explanation using Example
Imagine a cooperative of farmers, "GreenProduce Producer Company," which has been performing exceptionally well in the market. Over the years, they have accumulated a substantial amount of profit, which they have placed into their general reserves. The Board of Directors believes it would be beneficial to reward the members for their loyalty and the company's succes...
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