Arrange the following in the correct order: (A) Subscribed capital (B…

Arrange the following in the correct order:

(A) Subscribed capital

(B) Issued Capital

(D) Paid-up capital

(E) Called-up capital

Choose the correct answer from the options given below:

Answer & explanation

Correct answer: option 3

The correct answer is Option (3) → (C), (B), (A), (E), (D)

Each category of share capital is a part of the one before it, so they fall in this order from the largest to the smallest:

(C) Authorised Capital — the maximum the Memorandum allows the company to issue.

(B) Issued Capital — the part of authorised capital offered for subscription.

(A) Subscribed Capital — the part of issued capital taken up by the public.

(E) Called-up Capital — the part of subscribed capital the company has asked shareholders to pay.

(D) Paid-up Capital — the part of called-up capital actually received.

NCERT (2026-27 edition):
Authorised Capital – “Authorised capital is the amount of share capital which a company is authorised to issue by its Memorandum of Association.”

NCERT (2026-27 edition):
Issued Capital – “It is that part of the authorised capital which is actually issued to the public for subscription including the shares allotted to vendors and the signatories to the company’s memorandum.”

NCERT (2026-27 edition):
Subscribed Capital – “It is that part of the issued capital which has been actually subscribed by the public.”

NCERT (2026-27 edition):
Called up Capital – “It is that part of the subscribed capital which has been called up on the shares, i.e., what the company has asked the shareholders to pay.”

NCERT (2026-27 edition):
Paid up Capital – “It is that portion of the called up capital which has been actually received from the shareholders.”