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What is meant by called up Capital ?...

What is meant by called up Capital ?

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It is that portion of subscribed capital which has been called by the company from the shareholders. For example, if the directors call at the rate of Rs. 60 per share on 10,000 shares of Rs. 100 each, Rs. 6,00,000 will be the called up Capital. The remaining amount of Rs. 40 per share will be uncalled capital.
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