Question
The portion of the uncalled capital, which can be called
only at the time of winding up of the company, is known as:Solution
Reserve Capital refers to the portion of the uncalled capital that can be called only at the time of winding up of the company. It is a special type of capital that is kept aside to be called upon only in the event of the company's liquidation. This provides an additional layer of protection to creditors and helps in the orderly winding up of the company.
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