What is authorised capital? (Answer in one sentence)
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the maximum amount of sharing capital is called authorised capital
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Answer :-
=) Authorised capital is the most extreme measure of the capital for which offers can be issued by the Company to investors.
Most extreme esteem and measure of all out offers that an organization is approved to issue lawfully is named as approved capital or approved offer capital . It is the most extreme sum an organization can bring as capital up in type of both value offers and inclination shares amid its lifetime . This sum is chosen amid the arrangement of a business .
=) Authorised capital is the most extreme measure of the capital for which offers can be issued by the Company to investors.
Most extreme esteem and measure of all out offers that an organization is approved to issue lawfully is named as approved capital or approved offer capital . It is the most extreme sum an organization can bring as capital up in type of both value offers and inclination shares amid its lifetime . This sum is chosen amid the arrangement of a business .
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