Select the correct statements with regard to accounting for Share Capital from the following:

A. Provisions of 'Table F' authorise the directors to forfeit the shares.

B. The maximum number of members in a private company is 200.

C. The minimum subscription of capital can not be less than 10% of issued capital.

D. Subscribed capital is also called nominal capital.

Choose the correct answer from the options given below:

Correct answer: A and B only

• A is true. Table F of Schedule I to the Companies Act, 2013 contains the model articles for a company limited by shares. It authorises the directors to forfeit shares if a call or instalment is not paid.
• B is true. A private company can have a maximum of 200 members, excluding employees and ex-employees who are members.
• C is false. Minimum subscription is not "10% of issued capital." Under the 2013 Act and SEBI rules, it is the minimum amount stated in the prospectus as sufficient to cover specified needs, such as preliminary expenses and the cost of property purchased. For listed or public issues under SEBI rules, the commonly cited threshold is 90% of the issue. The 10% figure is therefore incorrect.
• D is false. Nominal capital is also called authorised or registered capital, not subscribed capital. Subscribed capital is the part of issued capital that the public has actually subscribed to.

So the correct statements are A and B only.