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The amount of capital that is mentioned in capital clause is know as:
- a)Authorised Capital
- b)Registered Capital
- c)Nominal Capital
- d)All of these
Correct answer is option 'D'. Can you explain this answer?
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The amount of capital that is mentioned in capital clause is know as:a...
The amount of capital with which a company is registered is called authorized/registered/nominal capital. This is the amount of capital which is mentioned in the capital clause of the memorandum of association.
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The amount of capital that is mentioned in capital clause is know as:a...
The amount of capital mentioned in the MOA(capital clause) is known as "AUTHORISED CAPITAL". Authorised capital is also known as"REGISTERD CAPITAL","NOMINAL CAPITAL".
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The amount of capital that is mentioned in capital clause is know as:a...
Authorized, Registered, and Nominal Capital
Authorized Capital:
- The amount mentioned in the capital clause of a company's memorandum of association is known as authorized capital.
- It is the maximum amount of capital that a company is legally allowed to raise by issuing shares.
Registered Capital:
- Registered capital is the amount of authorized capital that a company has actually issued to shareholders.
- It is the amount of capital that has been registered with the government authorities after the issuance of shares.
Nominal Capital:
- Nominal capital is another term used to describe the amount of authorized capital of a company.
- It represents the face value of the shares that a company is authorized to issue.
All of these:
- Therefore, the amount mentioned in the capital clause can be referred to as authorized capital, registered capital, and nominal capital, as they all pertain to the different aspects of the capital structure of a company.
Authorized Capital:
- The amount mentioned in the capital clause of a company's memorandum of association is known as authorized capital.
- It is the maximum amount of capital that a company is legally allowed to raise by issuing shares.
Registered Capital:
- Registered capital is the amount of authorized capital that a company has actually issued to shareholders.
- It is the amount of capital that has been registered with the government authorities after the issuance of shares.
Nominal Capital:
- Nominal capital is another term used to describe the amount of authorized capital of a company.
- It represents the face value of the shares that a company is authorized to issue.
All of these:
- Therefore, the amount mentioned in the capital clause can be referred to as authorized capital, registered capital, and nominal capital, as they all pertain to the different aspects of the capital structure of a company.
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The amount of capital that is mentioned in capital clause is know as:a)Authorised Capitalb)Registered Capitalc)Nominal Capitald)All of theseCorrect answer is option 'D'. Can you explain this answer?
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