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<h1>Definition of 'Authorised Capital' in Companies Act 2013: Maximum Share Capital a Company Can Issue per Memorandum, Section 2(8).</h1> 'Authorised capital' or 'nominal capital' refers to the maximum amount of share capital that a company is permitted to issue, as specified in its memorandum. This definition is outlined in section 2(8) of the Companies Act 2013, subject to contextual interpretation.