English

Reserve share capital means ______. -

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Question

Reserve share capital means ______.

Options

  • Part of authorised capital to be called at the beginning

  • Portion of uncalled capital to be called only at liquidation

  • Over subscribed capital

  • Under subscribed capital

MCQ
Fill in the Blanks

Solution

Reserve share capital means portion of uncalled capital to be called only at liquidation.

shaalaa.com
Share Capital - Issue and Allotment of Equity Shares
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