Authorised Capital of a Company is mentioned in ........

General Accounting Principles Accounting for Shares

Download Solution PDF

Authorised Capital of a Company is mentioned in :

Memorandum of Association

Articles of Association

Prospectus

Statement in lieu of Prospectus

छोटे Courses बड़े Results

Master Accounting for Shares

Prepare through Micro-courses

Try Now

Explanation:

The initial authorised capital of the Company is mentioned in the Memorandum of Association of the Company and is usually Rs. 1 lakh. The company can increase the capital at any time with shareholders approval and by paying an additional fee to the Registrar of Companies.