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what is the reserve capital

Answers were Sorted based on User's Feedback



what is the reserve capital..

Answer / rbm

reserve is a restricted amount of capital entitled to any
future purchase of asset or for future use of the company.

Is This Answer Correct ?    4 Yes 1 No

what is the reserve capital..

Answer / diksha

reserve capital is the uncalled up capital. suppose a
company issued shares of 10 each n called up Rs 8 then 2
rupees is reserve capital as it is uncalled capital.

Is This Answer Correct ?    4 Yes 1 No

what is the reserve capital..

Answer / alok

capital which can be save or reserved for emerigency for
future use of the company. It mostly save the company for
being bankrupt.

Is This Answer Correct ?    3 Yes 2 No

what is the reserve capital..

Answer / chirag jain

reserve capital is the nominal portion of authorized capital of company and it was used at the time of liquidation of company for the payment of outside liability and also for share holders liability.

Is This Answer Correct ?    0 Yes 0 No

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