Question : Issued Capital means-
Option 1: a part of the reserve capital that the company is offering for a subscription.
Option 2: a part of the authorized capital that the company is offering for a subscription.
Option 3: a part of the subscribed capital that the company is offering for a subscription.
Option 4: Both 1 and 2
Correct Answer: a part of the authorized capital that the company is offering for a subscription.
Solution : According to Section 2(50) of the Companies Act, 2013, issued capital is a part of the authorised capital that the company is offering for a subscription. Hence, the correct answer is option 2.
Question : Reserve capital is not a part of
Question : Which of the following statements is/are correct?
Question : Minimum subscription amount of 90% is related to which share capital..........
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______________.
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