Stated capital definition
Stated capital means at any particular time the sum of:
Stated capital means the total of all amounts received by the Company or due and payable to the Company in respect of the issue of shares and in respect of calls on shares.
Stated capital means the amount of stated capital determined in accordance with Title 2, Subtitle 3 of this article.
Examples of Stated capital in a sentence
The manner in which such amendment effects a change in the amount of stated capital, and the amount of stated capital as changed by such amendment, are as follows: Stated capital is reduced by a reduction in par value from $1.00 per share to $.8635 per share.
More Definitions of Stated capital
Stated capital means the sum of:
Stated capital means such amount required as stated capital and expressed in rupee denomination or, notwithstanding any provision of the Companies Act, in any other currency approved by the Commission, and includes in the case of –
Stated capital means the aggregate of all stated capital accounts as defined in the Companies Act;
Stated capital means the aggregate of all stated capital accounts as defined in the Companies Act or in the case of a foreign insurer cash or approved securities;
Stated capital means the amount recorded in such account in respect of such Shares issued in accordance with this Article VII, and shall be denominated in U.S. dollars. Upon issuance of Shares, the capital contributions in respect of such Shares shall be added to the Stated Capital account. Upon any distribution that constitutes a return of all or any portion of the Stated Capital to a Shareholder, the Stated Capital shall be automatically reduced to an amount equal to the undistributed portion of such Stated Capital or, if all of such Stated Capital has been distributed, to zero (but in no event shall the Stated Capital be less than zero).
Stated capital means the aggregate amount of:
Stated capital has the meaning given to it in Section 2.6.