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What is reserve capital? Does it …

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What is reserve capital? Does it differ from capital reserve

    • Posted by Rajwant Kaur 5 years, 10 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Lovely Dhawan 5 years, 10 months ago

    According to the sction 65 of the companies act,a company by a special resolution determines thay a part olf its uncalled cap. Shall neither b called either in the event of winding up of the company or at the tine of the liquidatio. Of the company

    0Thank You

    Maji Himdeep 5 years, 10 months ago

    Reserve capital is uncalled capital .Called up in time of Liquidity of the firm . Yes

    1Thank You

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