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what is authorised capital ?

Answers were Sorted based on User's Feedback



what is authorised capital ?..

Answer / ankita

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

Is This Answer Correct ?    11 Yes 3 No

what is authorised capital ?..

Answer / arumugam mariyan

Authorised capital is the amount that we invested in our
business

Is This Answer Correct ?    6 Yes 7 No

what is authorised capital ?..

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.

Is This Answer Correct ?    0 Yes 1 No

what is authorised capital ?..

Answer / akki

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

Is This Answer Correct ?    0 Yes 5 No

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