MCQOPTIONS
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| 1. |
According to the Companies Act, 2013, 'nominal capital' implies - |
| A. | such part of capital, which has been called for payment |
| B. | the maximum amount of share capital of a company |
| C. | such part of capital, which has been received by a company from its shareholders |
| D. | such capital as the company issues from time to time for subscirption |
| Answer» C. such part of capital, which has been received by a company from its shareholders | |