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State whether the following statement is true or false. Authorised capital is mentioned in capital clause of Memorandum of Association. - Secretarial Practice

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Question

State whether the following statement is true or false.

Authorised capital is mentioned in capital clause of Memorandum of Association.

Options

  • True

  • False

MCQ
True or False

Solution

Authorised capital is mentioned in capital clause of Memorandum of Association. - True

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Classification of Share Capital
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Chapter 3: Issue of Shares - EXERCISE [Page 63]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. D) 10. | Page 63
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