Question

The portion of the capital which can be called-up only on the winding up of the Company is

called

(A) Authorised Capital

(B) Called up Capital

(C) Uncalled Capital
​

Answer 1

Explanation:

Reserve Capital: A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company. Such uncalled amount is called 'Reserve Capital' of the company. It is available only for the creditors on winding up of the company.

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Answer 2

Answer:

authorized or reserved capital

Explanation:

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