Explain the concept of “capital of limited company” as used in company law.

Capital of Limited Company” means share capital.
• In simple legal parlance, capital means the various types of categories of capital which a company may have for example.
– Registered or authorized capital.
– Allotted or subscribed capital.
– Called up capital.
– Paid up capital.
– Uncalled up capital
– Unpaid up capital
– Reserve capital.

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