Accountancy, asked by suhanigoyal243, 1 month ago

nominal share capital is

Answers

Answered by babuminz7069

Answer:

Authorised capital

The authorised capital of a company is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to shareholders. Part of the authorised capital can remain unissued. The authorised capital can be changed with shareholders' approval. Wikipedia

Answered by parasgurjar

Answer:

Nominal capital, also known as authorized capital, represents the securities that are designated for shareholders. ... Of course, the shares can also decrease in value, and as a result, nominal capital is clearly designated to protect the company's other assets

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