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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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