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What is mean by authorized capital of company.?
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Answer / t. seshadri
Once the Share is being subscribed to public and it is being
paid. the money coming out of this way is called Authorized
capital or paid up capital or issued capital.
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It is the maximum amount of capital that the company may raise. in short it is the total share capital of the company.
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Answer / divyagirantla1995@gmail.com
It is max capital Memorandom of association as for company act 2013up to closeing the company and it is not exceed
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