Authorised capital
Hiten (CA) (275 Points)
17 February 2015
can anyone tell me how authorised capital is determined in case of a company, both public as well as private.
Thanks
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 18 February 2015
Authorised capital is determined by the company itself at the time of incorporation and subsequently whenever any alteration is required. It is displayed in master data of the company on MCA portal.
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