SHARE CAPITAL The term share capital denotes the amount of capital raised or to be raised by the issue of shares by a company.
{"Image DocumentName": "SHARE CAPITALThe term share capital denotes the amount of capital raised or to be raised by the issue of shares by a company.", "Image ImageDescription": "\u2018Capital\u2019 says Shah, \u2018usually means a particular amount of money with which a business is started\u2019 but, in company law this word is used in the following different senses\u2013 1. Nominal or Authorised Capital: Means the nominal value of the shares which a Company is authorised to issue by its memorandum. This kind of Capital must be stated in the memorandum and also each year in the annual return. Where any notice, advertisement, or other official publication or any business letter, bill head or letter paper of a company contains a statement of the amount of its authorised capital, it must also contain a statement of the amount of capital which has been subscribed and the amount paid up (Sec. 148).", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}