State whether the following statements are true or false.

1. Bonus shares are issued to existing equity shareholders.
Ans:- True

2. Building fund is used for issue of bonus shares.
Ans:- False

3. Bonus shares means capitalisation of reserve fund.
Ans:- True

4. Registered shareholder gets dividend through dividend coupons.
Ans:- False

5. Dividend is the portion of the profits of the company which is allotted to the holders of the debentures of the company.
Ans:- False

6. Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares .
Ans:- False

7. A complaint letter should not be replied promptly.
Ans:- False