As per the Companies Act, 2013, subscribed capital of a company is:
Issued capital is the capital offered by the company for subscription, while subscribed capital is the part taken up by its members. Subscribed capital can therefore be…
Choose your answer
As per the Companies Act, 2013, subscribed capital of a company is:
Answer and explanation
Correct answer A
Issued capital is the capital offered by the company for subscription, while subscribed capital is the part taken up by its members. Subscribed capital can therefore be equal to or less than issued capital. It cannot exceed the capital actually issued for subscription.
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