Company Accounts

Share Capital

Easy

common

The issued capital of the company cannot be more than __________ capital.

Subscribed Capital

Uncalled Capital

Called up Capital

Authorised Capital

✅ Correct Option: 4

Authorised capital, stated in the memorandum, is the maximum amount of share capital a company is permitted to raise. Issued capital is only that part actually offered for subscription, so it can equal but never exceed authorised capital.

2025: 27 May Shift 2

When a company issues shares at a premium, the company can collect Securities Premium along with the :-

2026: 31 May Shift 1

Authorised capital is the amount of share capital which a company is authorised to issue by its:

2025: 30 May Shift 2

Select the INCORRECT statement from the below given statements:-

2022: 30 Aug Shift 2

If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay ______% interest p.a.

2025: 29 May Shift 2

When there's no Article of Association of its own, the following provision of table A will apply at the time of issue of shares...

2025: 26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Restricts the right to transfer its shares	(I) OPC
(B) A company which is a subsidiary of a public company	(II) Private Company
(C) A company which has only one person as a member	(III) Perpetual Succession
(D) Members may come and go but the company continues	(IV) Public Company

Choose the correct answer from the options given below:

The issued capital of the company cannot be more than __________ capital.

Solution

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