Called-up Capital refers to that part of the subscribed capital which the company has called upon the shareholders to pay.
A company often does not require the full value of shares at once; it "calls" for money in installments (e.g., Application, Allotment, First Call).
The portion that the directors have officially asked the shareholders to pay is the Called-up Capital.
Reference: Section 2(15) of the Companies Act, 2013
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