what is reserve capital
Answers were Sorted based on User's Feedback
Answer / santosh
The share capital which is kept for future fund which can
raise any time depends on co.
Is This Answer Correct ? | 21 Yes | 2 No |
Answer / ravi
reserve capital means saving sum amount for future purpose.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / gnraja
portion of uncalled share capital which shall not be able to
call up except for the purpose of company being wound up
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / guest
uncalled share capital can called as reserve capital
Is This Answer Correct ? | 10 Yes | 9 No |
Answer / mohan verma
capital which is unreserved and can laid off any time is
called reserve capital.
# note : the meaning of the word reserve is bit
contradictory with its meaning ...
Is This Answer Correct ? | 3 Yes | 2 No |
Answer / vasantha koteswara rao
the capital which can store for the future anticipation to
diversify or expand the product cycle
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / surendra
reserve capital means the capital which is called
only at the time of winding up of the comapny
when there is no sufficent assets to meet the
liabilities.it also called as secreat capital
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / alyssa
Part of the authorized capital of a firm that has not been
called up and is therefore available for drawing in case of
need.
Is This Answer Correct ? | 0 Yes | 1 No |
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