authorized share capital


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Related to authorized share capital: Unfunded debt, Issued share capital, nominal share capital

Authorized Shares

The maximum number of shares a company is allowed to issue. Generally, the company's charter specifies the number of authorized shares, but shareholders can increase or decrease it according to procedures listed in the charter. Typically, the number of authorized shares is larger than the required amount in order to give a company the greatest amount of flexibility. Authorized shares are also called authorized capital stock or simply authorized stock.

authorized share capital

or

registered share capital

the maximum amount of SHARE CAPITAL which a JOINT-STOCK COMPANY can issue at any time. This amount is authorized by the company's ARTICLES OF ASSOCIATION, is disclosed in the BALANCE SHEET and may be altered by SHAREHOLDERS at the company ANNUAL GENERAL MEETING. The ISSUED SHARE CAPITAL cannot exceed the authorized amount, though not all the authorized capital need be issued.
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The Central Government has almost exhausted its contribution of authorized share capital of Rs.
KARACHI, 09 April ,2009 (Balochistan Times) --Singer Pakistan Ltd has convened its annual general meeting on April 30, 2009 to consider and approve enhancing of authorized share capital of the company to Rs 400 million by issuing ordinary shares.
IIFCL, a wholly owned Government of India company, was, incorporated on January 5, 2006 under the Companies Act, 1956 with an authorized share capital of Rs.
Hence it is essential that the Authorized Share Capital of the Corporation is enhanced so that the earmarked Central contribution could be released to NMDFC for implementing its schemes for the development of minorities at the lowest rungs of poverty pyramid.
The bank has authorized share capital and paid-up capital of $2 billion and $1 billion respectively.

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