Match List I with List II.

Choose the correct answer from the options given below :

A-III, B-I, C-IV, D-II

The correct answer is option 1- A-III, B-I, C-IV, D-II.

* Issued Capital- Amount of capital issued to public. Issued Capital 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.

* Authorised Capital- Amount of Capital company is authorised to issued. Authorised capital is the amount of share capital which a company is authorised to issue by its Memorandum of Association. The company cannot raise more than the amount of capital as specified in the Memorandum of Association. It is also called Nominal or Registered capital. The authorised capital can be increased or decreased as per the procedure laid down in the Companies Act. It should be noted that the company need not issue the entire authorised capital for public subscription at a time. Depending upon its requirement, it may issue share capital but in any case, it should not be more than the amount of authorised capital.

* Called-up Capital- Part of capital called by the company. Called up Capital 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. The company may decide to call the entire amount or part of the face value of the shares, For example, if the face value (also called nominal value) of a share allotted is Rs. 10 and the company has called up only Rs. 7 per share, in that scenario, the called up capital is Rs. 7 per share. The remaining Rs. 3 may be collected from its shareholders as and when needed.

* Uncalled Capital- Part of capital which has not been called. The portion of Subscribed Capital which has not yet been called up by the company is called "Uncalled up capital." It represents the potential future liability of shareholders to fulfill their commitment to pay for the shares.