Authorised capital defined as company memorandum's maximum permitted share capital, restricting issuance under corporate law. Authorised capital, or nominal capital, denotes the maximum amount of share capital a company is permitted to have as authorised by its memorandum of ... Summary
Authorised capital defined as company memorandum's maximum permitted share capital, restricting issuance under corporate law.
Authorised capital, or nominal capital, denotes the maximum amount of share capital a company is permitted to have as authorised by its memorandum of association, and any share issuance must be measured against that authorised ceiling.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.