Which of the following is not classified as a category of share capital of the company?
Which of the following is not classified as a category of share capital of the company?
Solution
✅ Correct Option: 4
Share capital is classified as authorised, issued, subscribed, called-up, paid-up, uncalled and reserve capital. Unsubscribed capital is not a recognised classification; it merely describes the part of issued capital not taken up by the public.
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