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Start learning 50% faster. Sign in nowAuthorized capital is the maximum amount of capital a company can legally issue to its shareholders. It's a fundamental concept in corporate law and is established during the company's incorporation process and mentioned in its Memorandum of Association (MoA). It is also called nominal capital or registered capital of the company. It is used to limit the ability of directors to allot new shares which may have consequences over the control over the company. It is also used to prevent any shift in the profit distribution balance. Often, the amount provided as authorised capital is not fully used and a small percentage is kept as a safety buffer to raise additional capital when need arises.The authorized capital can be altered only after following the procedure provided by law which involves the approval of the shareholders and an additional fee being paid to the Registrar of Companies (ROC).
What is the purpose of the oscillating sector in both hand-operated and power-operated groundnut decorticators?
Choose the correct statements.
(A) Cauliflower and cabbage are indicator plant of Fe and Ca.
(B) Sugarbeet is the indicator plant of Mn.
Which one the following farming system receives average annual rainfall > 1150 mm?
In the following given options, What is the importance of mitosis cell division?
What was the theme of the Global Fisheries Conference that took place in Ahmedabad on 21-22 Nov, 2023?
Which of the following ministries has launched the GOBAR Dhan scheme?
Which muskmelon hybrid was developed using Gynoecious Male Sterility (GMS)?
Indigenous germplasm collections in India carry the prefix:
The receptor of gibberellin
The theory of ascent of sap was given by _____