The portion of the authorised capital which can be called-up only on the liquidation of the company is called:
A. Issued Capital
B. Called-up Capital
C. Uncalled Capital
D. Reserve Capital
Answer:D
The portion of the authorised capital which can be called-up only on the liquidation of the company is called:
A. Issued Capital B. Called-up Capital C. Uncalled Capital D. Reserve Capital