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Authorised Share CapitalThe maximum number of shares a company is allowed to issue. This amount is stated in the company's Memorandum of Association, and can only be changed with shareholders consent.
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Authorised Share CapitalA provision contained in Section 2(5)(a) of the Companies Act 1985 that requires a limited company to restrict the total value of its issued shares to an authorised amount. Abolished by the Companies [..]
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