Question : The portion of the capital that may only be accessed during the company's dissolution/winding up is referred to as-
Option 1: Called up Capital
Option 2: Authorised Capital
Option 3: Nominal Capital
Option 4: Reserve Capital
Correct Answer: Reserve Capital
Solution : A part of the company's uncalled capital may be set aside for only being called in the case of the company's winding up. The corporation refers to this uncalled sum as "Reserve Capital." When a corporation is wound up, it is only available to the creditors.
Hence the correct answer is option 4.
Question : Authorised share capital is also known as:
Question : A portion of subscribed uncalled capital known as __________ and is referred to as such since it won't be called up unless and until the Company is unable to pay its debt in full, at the time of liquidation of the Company.
Question : Minimum subscription amount of 90% is related to which share capital..........
Question : Reserve capital is a part of_____________.
Question : Which of the following capitals is missing from the Balance Sheet of a company?
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