TaxTMI 
TaxTMI 
Dear Sir/Mam
If our AOA does not contain any point regarding bonus issue then this point should include in AOA and pls mention this point. for Bonus issue OR pass or SR Pass.
Bonus issue
13 Jun 2013 
2 Replies 
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Bonus issue: amend articles if silent and increase authorised capital in memorandum when needed; requires ordinary resolution.
If the articles of association lack provision for issuing bonus shares, the articles must be amended and, where necessary, the memorandum must be altered to increase authorised capital; the issue of bonus shares is effected by an ordinary resolution at a general meeting. (AI Summary)
If the articles of association lack provision for issuing bonus shares, the articles must be amended and, where necessary, the memorandum must be altered to increase authorised capital; the issue of bonus shares is effected by an ordinary resolution at a general meeting. (AI Summary)