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Issued Share Capital

Company canno...

Question

Company cannot issue shares more than _______________.

A

Authorised Capital

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B

Subscribed Capital

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C

Issued Capital

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D

Paid up Capital

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Solution

The correct option is B Authorised Capital
Authorised share capital - This is also known as registered capital. It is the maximum amount of capital that the limited company is authorised to issue to its shareholders.

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