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What is called up capital

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What is called up capital

Posted by Gunjan Yadav 4 years, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Yogita Ingle 4 years, 9 months ago

Called-up capital According to Section 2(15) of the Companies Act, 2013, ‘called-up capital’ means such part of the capital, which has been called for payment. Thus, it means the amount of nominal (face) value called-up by the company to be paid by the shareholders towards the share capital.

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CBSE > Class 12 > Accountancy

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