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प्रश्न
Answer in one sentence only.
What do you mean by reserve capital?
What is Reserve Capital?
एका वाक्यात उत्तर
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उत्तर १
Reserve capital represents the portion of subscribed capital that remains uncalled except in case of winding up or at the time of liquidation. As per Section 99 of the Companies Act, 1956, a company can create reserve capital by passing a special resolution.
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उत्तर २
Reserve Capital is that part of the subscribed capital which is reserved to be called-up only at the time of winding up or liquidation of the company.
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या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४०]
