Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Producer Companies Can Issue Bonus Shares with Board and Member Approval, Following Section 581ZI Guidelines.</h1> A Producer Company can issue bonus shares if recommended by the Board and approved through a resolution in a general meeting. The issuance involves capitalizing amounts from the general reserves as specified in section 581ZI. The bonus shares are distributed in proportion to the shares already held by the members on the issuance date.
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