Question

a portion of uncalled capital of a company to be called only in the event of winding up of the company is known as which capital​

Answer 1

Answer:

Reserve Capital

A portion of uncalled Capital of a company to be called only in the event of winding up of the company is known as Reserve Capital.

Types Of Share Capital are :

• Authorised capital :

Authorised Capital is the amount of share capital which a company is authorised to issue by it's memorandum of association. The company cannot raise the amount of capital as specified in the Memorandum of Association.

• Issued Capital :

Issued Capital is that part of the authorised Capital which is actually issued to public for subscription including the shares alloted by vendors and the signatories to the company's Memorandum.

• Subscribed Capital :

Subscribed Capital is that part of the issued Capital which has been actually subscribed by the public.

• Called Up Capital :

It is that part of subscribed capital which has been called upon the shares.The company may decide to call the entire amount or part of the face value of the shares.

• Paid Up Capital :

It is that portion of called up capital which has been actually received from the stake holders.

• Uncalled Capital :

The portion of subscribed capital which has not yet been called up. This is called uncalled capital.

• Reserve Capital :

A company may reserve a portion of its uncalled capital to be called only in the event of ending up of the company. Such uncalled amount is called Reserve Capital of the company.