what is the portain of capital which is called up only on liquidation of company?
Answers
Answered by
0
Answer:
Explanation:
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.
Similar questions
English,
3 hours ago
Psychology,
5 hours ago
Business Studies,
5 hours ago
English,
7 months ago
Math,
7 months ago
Hindi,
7 months ago