Social Sciences, asked by 9969152059, 10 months ago

Answer in one sentence
What does capital clause describe

Answers

Answered by Anonymous
4

Answer:

A clause in a company's memorandum of association stating the amount of share capital with which the company proposes to be registered and the division of it into shares of fixed amount.

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Answered by Mishu27
2

Explanation:

A clause in a company is memorandum of association that states the amount of the company's equality and it's division into shares.

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