Business Studies, asked by BHARGAVARAM7855, 11 months ago

the capital of a company were devided in to number of equal units are called​

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Answered by ronalrenny
1

Answer:The capital clause in Memorandum of Association must state the amount of capital with which company is registered giving details of number of shares and the type of shares of the company. A company cannot issue share capital in excess of the limit specified in the Capital clause without altering the capital clause of the MA.

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