Company Affairs (CS) Question: Download Company Affairs CS PDF
Tell me about the different types of capital?
Answer:
★ Nominal Capital or Authorized Capital:
The total fee value of the shares which the company is authorized to issue.
★ Issued Capital:
That part of authorized capital which is actually offered to the public for sale.
★ Subscribed Capital:
Is that part of issued capital which is taken up and accepted by the public.
★ Paid up Capital:
Is the amount of money actually paid by the subscribers or credited as so paid.
★ Uncalled Capital:
Is the unpaid portion of the subscribed capital.
★ Reserved Capital:
Is that part of the uncalled capital which can only be called up at the time of and for the purposes of winding up for the company.
The total fee value of the shares which the company is authorized to issue.
★ Issued Capital:
That part of authorized capital which is actually offered to the public for sale.
★ Subscribed Capital:
Is that part of issued capital which is taken up and accepted by the public.
★ Paid up Capital:
Is the amount of money actually paid by the subscribers or credited as so paid.
★ Uncalled Capital:
Is the unpaid portion of the subscribed capital.
★ Reserved Capital:
Is that part of the uncalled capital which can only be called up at the time of and for the purposes of winding up for the company.
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