Question

Definition of authorized capital and paid up capital

Answer 1

Authorized capital refers to that capital which is the maximum amount of the business that it raises through issue of shares.

Paid up capital refers that capital which is actual paid up by the shareholders in subscribe of shares..

Answer 2

Answer:

Authorized capital refers to that capital which is the maximum amount of the business that it raises through issue of shares.

Paid up capital refers that capital which is actual paid up by the shareholders in subscribe of shares..