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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References in periodicals archive ?
The Central Government has almost exhausted its contribution of authorized share capital of Rs.
India : Increasing the Authorized Share Capital of the National Scheduled Castes Finance and Development Corporation
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.
Singer Pak to raise authorized capital
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.
India : Ex-Post-Facto approval to capital infusion made in India Infrastructure Finance Company Ltd. during 2007-08 to 2012-13
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.
India : Increasing the Authorised Share Capital of the National Minorities Development and Finance Corporation and restructuring of its Business Model
CIFCL will also boost its authorized share capital base to INR 7.
India,United Kingdom : CIFCL receives investment worth INR 5b from APAX LLP to boost its capital base
The bank has authorized share capital and paid-up capital of $2 billion and $1 billion respectively.
Bahrain,Netherlands,South Africa : FIRST ENERGY BANK signed EUR 25M worth of Islamic facility with KORE COAL FINANCE of NETHERLANDS

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