Question

the share capital which a company is authorised to issue by its memorandum of association is........



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Answer 1

Answer:

Authorised share capital

Explanation:

The share capital which a company is authorised to issue by its memorandum of association is AUTHORISED SHARE CAPITAL.

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Answer 2

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the share capital which a company is authorised to issue by its memorandum of association is........

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the authorised capital

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it is the maximum amount of capital for which the company can issue share to the shareholders. as per section of the companies act, the authorised capital limit is specified in the memorandum of association under the capital clause.

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