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प्रश्न
Explain the following term/concept.
Authorised capital
उत्तर
(a) This is the amount of capital stated in the capital clause of the Memorandum of Association. It is also known as "Nominal Capital" or "Registered Capital”.
(b) The company is entitled to raise finance by the issue of shares only up to the amount of authorised capital. However, the company can increase the amount of authorized capital by altering the Memorandum suitably.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
______ refers to capital made up of Equity and preference shares
Write a word or a term or a phrase which can substitute the following statement.
Capital that will be collected only at the time of winding up of a company
Write a word or a term or a phrase which can substitute the following statement.
Minimum amount to be collected from subscribers within thirty days of issue of prospectus.
State whether the following statement is true or false.
Shares not offered to the public for subscription is called as subscribed capital.
State whether the following statement is true or false.
Authorised capital is mentioned in capital clause of Memorandum of Association.
Complete the sentence.
Reserve capital is part of ______
Correct the underlined word and rewrite the following sentence.
Issued capital is the maximum capital which a company can raise by issuing shares.
Explain the following term/concept.
Paid-up capital
Answer the following question.
Explain the classification of share capital.
Authorised capital is the maximum capital authorised by the Memorandum of Association.
______ capital refers to the maximum capital a company can raise.
Find the odd one.
