Q. Consider the following statement
(i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees
(ii) Paid up share which extends upto 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore
Which of the following statements is/are correct?
(i) Paid up share capital which doesn't exceed 50 lakh rupees or such higher amount as may be prescribed which shall not be more than 5 crore rupees
(ii) Paid up share which extends upto 50 lakh rupess or higher amount as may be prescribed which shall extends more than 5 crore
Which of the following statements is/are correct?
β
Correct Answer: (B)
Only I
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