Question : Authorised Capital of a company is mentioned in :
Option 1: Memorandum of Association
Option 2: Article of Association
Option 3: Prospectus
Option 4: Statement in Lieu of Prospectus
Correct Answer: Memorandum of Association
Solution : The company's initial Authorised Capital is stated in its Memorandum of Association. With the consent of the shareholders and by paying an additional charge to the Registrar of Companies, the business may at any moment increase its capital.
Hence the correct answer is option 1.
Question : Name the head of Capital Clause of Memorandum of Association of a company in which the maximum amount of share capital mentioned is called______________.
Question : Authorised Capital means-
Question : Which of the following assertions is accurate?
Question : Which of the following capitals is missing from the Balance Sheet of a company?
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