Wednesday, September 22, 2010

Memorandum of Association - 6

Sec-13 Capital Clause

*States Authorised/Nominal/Regd Capital
*Divided into ES/PS
*Break Up - No.of Shares & FaceValue per share
*CapClause prescribes Maximum Capital
*No restriction in law for Max Limit
*UnLtd - Capital Clause in AOA

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