SHARE CAPITAL
This query is : Resolved
CA JAYESH RELKAR
(Querist)
23 May 2010
sir,
is it necessary to keep reserve capital or it is optional?
is it necessary to keep reserve capital or it is optional?
CA Ravi Sisodia
(Expert)
23 May 2010
Part of the authorized capital of a firm that has not been called up and is, therefore, available for drawing in case of a need. it is optional.
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