Company Affairs (CS) Interview Question:

Tell me about the different types of capital?

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★ Nominal Capital or Authorized Capital:
The total fee value of the shares which the company is authorized to issue.
★ Issued Capital:
That part of authorized capital which is actually offered to the public for sale.
★ Subscribed Capital:
Is that part of issued capital which is taken up and accepted by the public.
★ Paid up Capital:
Is the amount of money actually paid by the subscribers or credited as so paid.
★ Uncalled Capital:
Is the unpaid portion of the subscribed capital.
★ Reserved Capital:
Is that part of the uncalled capital which can only be called up at the time of and for the purposes of winding up for the company.
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