Business Studies, asked by sebastisoreng355, 8 months ago

what is capital clause ?​

Answers

Answered by dipalipuja2006
2

Capital clause. The clause in the memorandum of association of a company dealing with its capital. It states the amount of the company's nominal capital. and the number and amount of the shares it is permitted to have.

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Answered by Anonymous
6

Explanation:

Capital clause. The clause in the memorandum of association of a company dealing with its capital. It states the amount of the company's nominal capital. and the number and amount of the shares it is permitted to have.

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