Capital is the amount invested in the company so that it can carry on its activities. In a company capital refers to 'Share Capital'. The capital clause in Memorandum of Association must state the amount of capital with which
company is registered providing details of number of shares and the type of shares of the company. A company cannot issue share capital in excess of the limit specified in the Capital clause without altering the capital clause of the Memorandum of Association.
Types of capital:
1. Authorized/Registered/Nominal Capital.
2. Issued Capital
3. Subscribed Capital
4. Called up capital
5. Paid up capital
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