TMI BlogIssue of bonus sharesX X X X Extracts X X X X X X X X Extracts X X X X ..... ts members, in any manner whatsoever, out of- ( i ) its free reserves; ( ii ) the securities premium account; or ( iii ) the capital redemption reserve account: Provided that no issue of bonus shares ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of interest or principal in respect of fixed deposits or debt securities issued by it; ( d ) it has not defaulted in respect of the payment of statutory dues of the employees, such as, contribution t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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