Question

What is the difference between autorised capital and paid up capital?

Answer 1

Explanation:

Authorise Share Capital is the amount for which a Company can issue shares to the shareholders whereas; a Paid-up Share Capital is the amount of money received from the shareholders for the shares allotted to them

Answer 2

Authorise Share Capital is the amount for which a Company can issue shares to the shareholders whereas; a Paid-up Share Capital is the amount of money received from the shareholders for the shares allotted to them.