Reserve share capital means :
A. Part of authorised capital to be called at the beginning
B. Portion of uncalled capital to be called only at liquidation
C. Over subscribed capital
D. Under subscribed capital
Answer:B
Reserve share capital means :
A. Part of authorised capital to be called at the beginning B. Portion of uncalled capital to be called only at liquidation C. Over subscribed capital D. Under subscribed capital