Correct the underlined word and rewrite the following sentence. Issued capital is the maximum capital which a company can raise by issuing shares. - Secretarial Practice

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Correct the underlined word and rewrite the following sentence.

Issued capital is the maximum capital which a company can raise by issuing shares.

Authorised capital is the maximum capital which a company can raise by issuing shares.

Concept: Classification of Share Capital

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Chapter 3: Issue of Shares - Exercises [Page 65]

Chapter 3 Issue of Shares
Exercises | Q 1. I) 1. | Page 65

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