The maximum amount beyond which a company is not allowed to raise funds by issue of shares is _____?

زیادہ سے زیادہ رقم جس سے آگے کسی کمپنی کو حصص کے اجراء کے ذریعہ فنڈ جمع کرنے کی اجازت نہیں ہے؟
Answer: Nominal capital
Explanation
  • Nominal capital (also called authorized capital) is the maximum amount a company is legally permitted to raise by issuing shares.
  • It is specified in the company’s memorandum of association and cannot be exceeded without regulatory approval.
  • This question appeared in Past Papers (2 times)
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    ACCOUNTING (1 times)

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