‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital of a company can be called up only in the event of winding up.

Related MCQs

• That part of the capital which will be called up only in the event of winding up of the company is called ------- capital
• …………..is that portion of capital which is called up only on winding up of the company.
• The maximum extent to which a company can raise share‐capital is called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital.
• Preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company.
• The company in which the liability of members is liable to pay the agreed amount at the time of winding up is called as …………..
• On an equity share of Rs. 20, the company has called up Rs. 16 but Rs.14 has been received by the company, the share capital account should be credited by ……
• While preparing the books of the transferee company in purchase method, the difference between purchase consideration and share capital of the transferor company should be adjusted in -------------
• The share capital, to the extent already held by the purchasing company, is closed by the vendor company by crediting it to:
• Inter- company dividends are ……………………..to the cost of investment in the subsidiary company for calculating goodwill or capital reserve.
• In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.