Question

the part of the capital for which application have been received from the public and share allotted to them is called as ______

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Answer 1

the part of the capital for which application have been received from the public and share allotted to them is called as issued capital

Answer 2

'unissued capital'.

Explanation:

Issued Capital: It is that part of the authorised capital which is actually issued to the public for subscription including the shares allotted to vendors and the signatories to the company's memorandum. The authorised capital which is not offered for public subscription is known as 'unissued capital'.