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Answer in one sentence. Name the capital which is mentioned in the capital clause of Memorandum of Association. - Secretarial Practice

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Question

Answer in one sentence.

Name the capital which is mentioned in the capital clause of Memorandum of Association.

One Line Answer

Solution

The capital which is mentioned in the capital clause of the Memorandum of Association is called as 'Authorised Capital.

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Methods of Issue of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 65]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. H) 15. | Page 65

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