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Shares

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25 November 2011 What you mean by authorized share capital?

25 November 2011 The capital which is mentioned in the capital clause of the memorandum of assoiciation is called as authorised capital.This is the maximum no. of shares that the company is authorised to issue to public.The part of the authorised capital which has been issued to shareholders is referred to as the issued share capital of the company.


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