Question

hi...there☺️.....what is authorised capital?...​

Answer 1

Answer:

heyy Dear here is ur ans --

✔✔✔The initial authorised capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh. The authorised capital can be increased by the company at anytime with shareholders approval and by paying additional fee to the Registrar of Companies.✅

Thank you❤✌✌

Answer 2

Answer:

Authorised Capital of a company are the maximum number of Shares (Capital) that a company can issue to the shareholders as stated in company's Memorandum of Association or its Articles of Incorporation.

Hope it may help you

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Explanation: