Calls-in-Arrears : If any amount has been called by the company either as allotment or call money and a shareholder has not paid the money, such amount not ...
Minimum Subscription: The minimum subscription is that number of shares on which amount received from shareholders is sufficient, from the point of view ...
Over-subscription Shares Applied : Number of shares applied is more than the shares offered for subscription.Acceptance : All the applications are ...
Reserve Capital Meaning : Reserve Capital is that part of the uncalled capital which can not be called up except in the approved circumstances say for the ...
Over Subscription: When the application money is received for more number of shares then the number of shares offered to the public by a company, it is ...
Meaning of a company : A company or a joint stock company is an association of persons for a business purpose. It is incorporated under the Companies Act. Its ...