What is the meaning of Authorised Capital?


The maximum number of shares a private limited company can issue is decided by its #authorised capital. Most start-ups start their journey with the minimum #authorisedcapital of Rs. 1 lakh, but this is too little as the #business grows. To issue new shares or raise the capital a company is authorised to raise, the capital clause of the Memorandum of Association needs to be amended by passing a special resolution of the board. If, at this point, you may also need shares to be issued to existing promoters or new shareholders.

Get this service online @ https://vakilsearch.com/advice/authorised-capital-paid-up-capital/

Vakilsearch - We Make Legal Simple.

We are a technology-driven platform organising the professional services industry in India. Our services cover all the #legal needs of #businesses, such as #incorporation, #government #registrations & #filings, #accounting, #documentation and #annualcompliances. We also offer a wide range of services to #individuals, such as #property #a...

Channel:  vakilsearch
Topics:  Topic

For example I invest 10000 in business and i want to keep the share around 10,000,00 can I keep it how

Srijan Upreti 

thanks man

Angel Manuel Latas Lugo 

Finally a good simple explanation

Syalini Nandan 

very helpful

G Gaumsy 

Paid up capital kya hota h?

wildpawn d. 

fix ur accent, my gawd!

Bernie Allen 

You look like the Indian "John Mayer".

sudhiir reddy 

Can I register pvt Ltd company with 95%share to me and 5% share to my partner, How much max can I have...??