TMI BlogConditions for a bonus issueX X X X Extracts X X X X X X X X Extracts X X X X ..... issue and ] issue bonus shares to its members if: a) it is authorised by its articles of association for issue of bonus shares, capitalisation of reserves, etc.: Provided that if there is no such provision in the articles of association, the issuer shall pass a resolution at its general body meeting making provisions in the articles of associations for capitalisation of reserve; 2 [ ( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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