MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

What Is a Share?

The Part of s...

Question

The Part of share capital which can be called up only up on the winding up of a company is called.

A

Authorized Capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Called up Capital

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Capital Reserve

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Reserve Capital

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Reserve Capital
Reserve capital is that part of subscribed capital which is not called up yet.
It will be called up only in case of winding up or liquidation of a company.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The part of share capital, which can be called up only on the winding up of a company, is called __________________.

Q. The part of the capital which will be called up only in the event of winding up of the company is called _____ capital.

Q. The portion of the share capital which cannot be called up except on the winding up is known as _______________.

Q. Amount of capital stated in the Memorandum of Association as the share capital of the company is known as -
(1) Subscribed Capital or Authorized Capital
(2) Paid-up or Subscribed Capital
(3) Nominal or Called-up Capital
(4) Nominal or Authorized Capital
The correct answer is-

Q. Company can be called govt company if _________ % of paid up share capital is held by government.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Why to Invest in a Company?

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

What Is a Share?

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon