Question
What are the different types of Capital
Answers
Nominal Capital or Authorized Capital: is the total fee value of the shares which the company is authorized to issue.Issued Capital: is 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.   Your Comment




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