Which capital of the company is stated in the Memorandum of Association(MOA) of the company? |
Issued capital Subscribed capital Called up capital Nominal capital |
Nominal capital |
Authorised capital is the amount of share capital which a company is authorised to issue by its Memorandum of Association. The company cannot raise more than the amount of capital as specified in the Memorandum of Association. It is also called Nominal or Registered capital. |