Accountancy, asked by unknowngirl94, 10 months ago

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

Answers

Answered by raushankumar3604
16

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

Answered by FuzzieGirl
15

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:

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