Difference Between Authorised Capital and Paid-up Capital
Every company needs capital to start its business and the capital is raised by issuing shares. A person or entity that subscribes to the shares of the company and pays the respective amount against the shares allotted to them is called the shareholder. The cumulative amount of money that is raised by a company from its shareholders by way of issuing shares is called Share Capital.
A company needs to mention the maximum amount of share capital known as Authorised Capital that it wishes to raise in their MoA (Memorandum of Association) at the time of incorporation of the company. The company should report changes to Authorised Capital & Paid-up Capital to MCA from time to time.
Any user can view the Authorised Capital & Paid-up Capital details of any Indian company for f...
