The portion of the authorised capital which can be called-up only on the liquidation of the company is called

Related MCQs

• The hire vendor takes away only a portion of the goods on which there is default of Installments it is called _________
• According to sec. 100(1)(c) of the companies act, a company can pay back share capital which is in excess of need if:
• Which of the following accounts can be transferred to capital redemption reserve account?
• Which of the following can be utilized for the redemption of preference shares of a company out of profit:
• Debentures can be issued only
• A company can issue share at a discount if
• Which of the following cannot be used for the purpose of creation of capital redemption reserve account?
• Dividing the expenditure into capital and revenue is according to
• The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept.
• Fixed assets are double the current assets and half the capital. The current assets are Rs.3,00,000 and investments are Rs.4,00,000. Then the current liabilities recorded in balance sheet will be