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What's Authorized share capital?
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Answer / sujatha
Capital which is fixed at the time of the formation of the
company. But it can be raised at the any time in the
company.But the issued capital is equal to the authorised
capital not beyond the authorised capital
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Maximum value of securities that a firm can legally issue.
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Answer / piyush v mahajan
It is a registerd share capital of company. Upto this limit company can issue shares to general public
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if some persons salary from company is 15000/- P.M. and he pay school Fee Rs 1200/-P.m. LIc premiun 750/- P.M. home Lones premium 2800/- P.M. then his TDs from salary is /Deducted month of december 2010.?
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