what is Authorized capital
2 Answer(s)
Vinayak
Authorized capital is the maximum amount of capital which a company can raise through sale of its shares.
Sep 22 2015 04:58 PM
Yoginee
When firm is incorporated the promoters will authorized the issue of stated number of share. The value of such share is an Authorized Capital of firm.
Sep 25 2015 10:03 PM