Question

Distinguish between nominal capital and paid up capital
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Answer 1

Answer:

It is a amount of money for which shares of the Company were issued to the shareholders and payment was made by the shareholders. At any point of time, paid up capital will be less than or equal to authorised share capital and the Company cannot issue shares beyond the authorised share capital of the Company

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Answer 2

Answer:

Here Your Answer Mate

It is a amount of money for which shares of the Company were issued to the shareholders and payment was made by the shareholders. At any point of time, paid up capital will be less than or equal to authorised share capital and the Company cannot issue shares beyond the authorised share capital of the Company

By :Ishaa