When nominal (face) value of a share is called up by the company but as some shareholders did not pay the money, the shares are forfeited. The share capital is shown in the balance sheet (notes) of a company under the following heading
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Called up Capital: It is that part of the subscribed capital which has been called up on the shares. The company may decide to call the entire amount or part of the face value of the shares. For example, if the face value (also called nominal value) of a share allotted is Rs. 10 and the company has called up only Rs.
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