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Question


A company has 2 lakh shares of which Abid owns 1.5 lakh shares and his friend Basu owns 50,000 shares. This is mentioned in which clause of the MOA?


Options:
A .   Capital clause
B .   Objects clause
C .   Liability clause
D .   None of the above
Answer: Option A
:
A

This is mentioned in the capital clause of the MOA.



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