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Write a word or a term or a phrase which can substitute the following statement. Capital that will be collected only at the time of winding up of a company - Secretarial Practice

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Question

Write a word or a term or a phrase which can substitute the following statement.

Capital that will be collected only at the time of winding up of a company

One Word/Term Answer

Solution

Capital that will be collected only at the time of winding up of a company - Reserve capital

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Classification of Share Capital
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Chapter 3: Issue of Shares - EXERCISE [Page 62]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. C) 3. | Page 62
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