Advertisements
Advertisements
Question
Explain the following term/concept.
Paid-up capital
Solution
(a) Paid-up Capital is the part of called up capital which is actually paid by the shareholders.
(b) In other words, paid-up capital is the total amount of money actually paid by shareholders when the company has called up or demanded them to pay.
APPEARS IN
RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
______ refers to capital made up of Equity and preference shares
Select the correct answer from the options given below and rewrite the statement.
______ capital refers to maximum capital a company can raise by issuing shares.
Write a word or a term or a phrase which can substitute the following statement.
Capital that will be collected only at the time of winding up of a company
Write a word or a term or a phrase which can substitute the following statement.
Minimum amount to be collected from subscribers within thirty days of issue of prospectus.
State whether the following statement is true or false.
Shares not offered to the public for subscription is called as subscribed capital.
State whether the following statement is true or false.
Authorised capital is mentioned in capital clause of Memorandum of Association.
Complete the sentence.
Share capital refers to capital made up of Equity shares and ____________
Complete the sentence.
Reserve capital is part of ______
Answer the following question.
Explain the classification of share capital.
Authorised capital is the maximum capital authorised by the Memorandum of Association.
______ capital refers to the maximum capital a company can raise.
