Question

Subscribed capital is ______.

पर्याय

• That part of authorised capital which is issued to the public for subscription.

• That part of issued capital which has been actually subscribed by the public.

• That part of subscribed capital which has been called up on the shares.

• That part of subscribed capital which has not yet been called up on the shares.

Answer 1

Subscribed capital is that part of issued capital which has been actually subscribed by the public.

Explanation:

• Authorised/Nominal Capital: Maximum capital a company can issue (mentioned in Memorandum of Association).

• Issued Capital: Portion of authorised capital actually offered to the public.

• Subscribed Capital: Portion of issued capital that the public has actually applied for and taken up.

• Called-up Capital: Portion of subscribed capital that the company has demanded from shareholders.

• Paid-up Capital: Portion of called-up capital that shareholders have actually paid.