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प्रश्न
Answer in one Sentence only :
What is authorised capital?
एका वाक्यात उत्तर
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उत्तर
The amount of capital stated in the memorandum of association at the time of incorporation is referred to as authorised capital. It is the maximum amount of capital that can be issued to the shareholders of a company. It is also known as the registered capital or the nominal capital of the company.
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