Business Studies, asked by shaikhfiroza706, 4 months ago

explain the classification of shares capital

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Answered by varun200406

0

Answer:

The Authorised Capital is the maximum amount a company can raise from its shareholders as Share Capital. This amount is referred in Capital Clause of Memorandum of Association (MOA) of the Company. ... Authorised Capital can be classified in to different classes of shares with face value not less than ₹ 1.00.

Answered by mohamedapsal

3

Answer:

The Authorised Capital is the maximum amount a company can raise from its shareholders as Share Capital. This amount is referred in Capital Clause of Memorandum of Association (MOA) of the Company. ... Authorised Capital can be classified in to different classes of shares with face value not less than ₹ 1.00.

Explanation:

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