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What is Paid up Capital?
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Answer Posted / esha bisaria
PAID UP CAPITAL IS THE AMOUNT RECEIVED BY THE COMPANY IN
RETURN OF THE SHARES ISSUED BY IT IN THE MARKET WHICH
CARRIES NO DUE AMOUNT FROM THE PEOPLE PURCHASING THE
SHARES. FULL AMOUNT RECEIVED ON THE SHARES ISSUED
CONSTITUTES THE PAID UP CAPITAL.
| Is This Answer Correct ? | 30 Yes | 19 No |
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