Answer / ankita

Authorized capital is the maximum amount of capital that a
company can raise in it's lifetime.

Answer / arumugam mariyan

Authorised capital is the amount that we invested in our
business

Answer / champak

The maximum number of shares that a corporation is legally
permitted to issue, as specified in its articles of
incorporation. This figure is usually listed in the capital
accounts section of the balance sheet. This number can be
changed only by a vote of all the shareholders. Management
will typically keep the number of authorized shares higher
than those actually issued. This allows the company to sell
more shares if it needs to raise additional funds.

Answer / akki

amount that we show in memorandom of association that is
calld authorised capital.

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0 Answers   Nabard,

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2 Answers  

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