5/18/2011 Share capital-terminologies ·Equity share capital Share capital-terminologies ·Partly paid shares: ·Calls >Power to call >The amount to be called up >Limitation on the power to call ■Lien ■Forfeiture >Surrender of shares >Court's approach to interpret the provision 6 35/18/2011 3 5 Share capital - terminologies • Equity share capital 6 Share capital - terminologies • Partly paid shares:  Calls Power to call The amount to be called up Limitation on the power to call  Lien  Forfeiture Surrender of shares Court’s approach to interpret the provision