Which of the following is NOT the regulation of paid-up capital-00756
Which of the following is NOT the regulation of paid-up capital, subscribed capital and authorized capital and voting rights of shareholders under section 14 of Banking Companies Ordinance, 1962?
This multiple choice question (MCQ) is related to the book/course
vu bnk601 Banking Laws & Practices.
It can also be found in
vu bnk601 Lecture No.11 - Quiz No.1.
Which of the following is NOT the regulation of paid-up capital, subscribed capital and authorized capital and voting rights of shareholders under section 14 of Banking Companies Ordinance, 1962?
The subscribed capital of the company is not less than one half of the authorized capital
The capital of the company consists of ordinary shares only
Paid-up capital should be less than one half of the subscribed capital
The voting rights of any one shareholder, except those of the Federal Government or a Provincial Government do not exceed five per cent of the total voting rights of all the shareholders
