Company Accounts

Share Capital

Easy

common

In case of issue of shares, the 'minimum subscription' of capital cannot be less than .......... of the issued amount according to SEBI (Disclosure and Investor Protection) Guidelines, 2000.

75%

80%

85%

90%

✅ Correct Option: 4

Under the SEBI guidelines the minimum subscription is fixed at $90\%$ of the issued amount. If applications for at least $90\%$ are not received, the issue fails and the entire application money must be refunded, so shares cannot be allotted below this threshold.

2022: 16 July Shift 2

Amount transferred to Capital Reserve will be

2026: 13 May Shift 2

Match List-I with List-II.

List-I	List-II
(A) Subscribed but not fully paid up capital	(I) Shown under "Other Current Liabilities" in Balance Sheet
(B) Calls in Arrears	(II) Shown under "Reserves & Surplus" in Balance Sheet
(C) Calls in Advance	(III) Deducted from Subscribed Capital
(D) Securities Premium Reserve	(IV) Share Capital Note Disclosure

Choose the correct answer from the options given below:

2026: 12 May Shift 1

On the basis of liability of its members, the company cannot be classified into which of the following category:

2022: 8 Aug Shift 2

A company has to redeem redeemable preference shares of the value of Rs. 1,00,000 at a premium of 10% for which the company has issued 5,000 equity shares of Rs. 10 each at a premium of 20%. The amount to be transferred to capital redemption reserve account would be:

2023: 29 May Shift 2

Select the amount that is received from Hari's reissued shares -

2025: 14 May Shift 2

Which of the following is called Registered capital of a company?

In case of issue of shares, the 'minimum subscription' of capital cannot be less than .......... of the issued amount according to SEBI (Disclosure and Investor Protection) Guidelines, 2000.

Solution

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