The authorized capital is the maximum amount of capital which a Company can raise through the issue of shares to its shareholders. Authorized share capital is mentioned in the Memorandum of Association of the company. The company can raise capital up to this amount.
The authorised capital of a company can be easily changed by paying additional government fee, as prescribed by the Ministry of Corporate Affairs.
The increase in authorised capital of a Company, must be approved by the Board of Directors of the Company.
The authorised capital of a Company determines the value and number of shares a Company can issue to its shareholders.
The authorized capital is the maximum amount of capital which a Company can raise through the issue of shares to its shareholders. Authorized share capital is mentioned in the Memorandum of Association of the company. The company can raise capital up to this amount.
The authorised capital of a company can be easily changed by paying additional government fee, as prescribed by the Ministry of Corporate Affairs.
The increase in authorised capital of a Company, must be approved by the Board of Directors of the Company.
The authorised capital of a Company determines the value and number of shares a Company can issue to its shareholders.
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