Advertisements
Advertisements
Question
Answer in one sentence:
What is capitalisation of reserves?
One Line Answer
Solution
Capitalisation of reserves is to capitalise profits of the company and to provide additional (bonus) shares to the existing equity shareholders without any additional cost.
shaalaa.com
Circumstances Under Which a Secretary Has to Enter into Correspondence with Members
Is there an error in this question or solution?
Chapter 6: Correspondence with Members - Exercises [Page 103]