Question

authorised capital is called as​

Answer 1

Answer:

• Authorized share capital—also known as "authorized stock," "authorized shares," or "authorized capital stock"—refers to the maximum number of shares a company is legally allowed to issue or offer based on its corporate charter. ... A company's authorized share capital will not increase without shareholder approval.

Answer 2

Explanation:

Authorized share capital—also known as "authorized stock," "authorized shares," or "authorized capital stock"—refers to the maximum number of shares a company is legally allowed to issue or offer based on its corporate charter. A company's authorized share capital will not increase without shareholder approval.

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