What is meant by ‘Authorised Capital’ of a Company?
Answers
Answer:
Authorized share capital is the number of stock units (shares) that a company can issue as stated in its memorandum of association or its articles of incorporation. ... Another reason to keep shares in the company treasury is to retain a controlling interest in the business.
Answer:
Authorized share capital is the number of stock units (shares) that a company can issue as stated in its memorandum of association or its articles of incorporation. ... Another reason to keep shares in the company treasury is to retain a controlling interest in the business.
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