Practicing Success
Practicing Success
CUET Preparation Today
| What is the 'Called up capital' of a company? |
Part of the issued capital subscribed by the public The maximum capital company can issue during its lifetime A portion of subscribed capital called by the company A portion of subscribed capital called by the company but not paid by the shareholders |
| A portion of subscribed capital called by the company |
| 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. 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. |
