The capital of a company indicated in the Memorandum of Association is known as

The capital of a company that is stated in its Memorandum of Association is known as "authorized capital." This is the maximum amount of capital that the company is allowed to issue to shareholders. The authorized capital is usually divided into a number of shares of a specific nominal value, and it represents the limit on the amount of money the company can raise through the issuance of new shares. The authorized capital can be increased or decreased with the approval of the shareholders and the regulatory authorities.