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        Companies Law

        Rule 14 - Issue of Bonus Shares

        Companies (Share Capital and Debentures) Rules, 2014
        Chapter 01

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        Bonus share announcement cannot be withdrawn after board recommendation under share capital rules, ensuring announcement finality. A company that has publicly announced a Board recommendation to issue Bonus Shares is prohibited from subsequently withdrawing that decision, fixing the announcement as a binding corporate stance on the proposed bonus issue and preventing later retraction.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Bonus share announcement cannot be withdrawn after board recommendation under share capital rules, ensuring announcement finality.

                                A company that has publicly announced a Board recommendation to issue Bonus Shares is prohibited from subsequently withdrawing that decision, fixing the announcement as a binding corporate stance on the proposed bonus issue and preventing later retraction.


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