Question

    ______________means such part of the capital which is

    for the time being subscribed by the members of a company
    A Paid-up capital Correct Answer Incorrect Answer
    B Approved capital Correct Answer Incorrect Answer
    C Allocated capital Correct Answer Incorrect Answer
    D Subscribed capital Correct Answer Incorrect Answer
    E Subscription capital Correct Answer Incorrect Answer

    Solution

    Companies Act, Section 2(86) Subscribed capital means such part of the capital which is for the time being subscribed by the members of a company.

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