Company act

Corporate & Other Laws

Where is registered authorised capital?

Rakesh Shah

CA Final

★ 5K+

23-Sep-21 16:52

497

Answers (2)

It means the Maximum Amount of capital a company can issue to public more then that the company can not issue sh capital..It will be mentioned in MoA

Dhakshana Dhakshana

CFA L2

★ 18K+

23-Sep-21 16:59

Eg..If Abc Ltd has 50cr as Authorised captial they can't rise more then 50cr as capital from the public

Dhakshana Dhakshana

CFA L2

★ 18K+

23-Sep-21 17:00