Question

_______________means such capital as is authorised by

Q: Answer-_______________means such capital as is authorised by the memorandum of a company to be the maximum...

Explanation Section 28 authorised capital- authorised capital or nominal capital means such capital as is authorised by the memorandum of a company to be the maximum amount of share capital of the company.

the memorandum of a company to be the maximum amount of share capital of the company.

A Nominal capital

B Issued Capital

C Subscribed Capital

D Called -up Capital

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_______________means such capital as is authorised by

Solution