Reserve capital

RESERVE CAPIAL(sec 99)-it is the portion of uncalled share capital which shall not be capable of being called up except in the event of winding up of company

SR is required for its creation(it is not compulsory)

CAPITAL RESERVE-it refers to those amounts which are not regarded as free for distribution by way of dividend through profit and loss account

it is mandatory in some circumstances (like profit on forfeited shares)

Originally posted by : krishna teja
	RESERVE CAPIAL(sec 99)-it is the portion of uncalled share capital which shall not be capable of being called up except in the event of winding up of company SR is required for its creation(it is not compulsory) CAPITAL RESERVE-it refers to those amounts which are not regarded as free for distribution by way of dividend through profit and loss account it is mandatory in some circumstances (like profit on forfeited shares)

AGREED

Reserve Capital --

1.  It refers to that portion of uncalled capital which is not called up except in the event of winding up of the company.

2.  It is not mandatory to create reserve Capital.

3.  It s not shown in the company's balance sheet.

4.  A special resolution needs to be passed for its creation.

5.  Can be used only at the time of winding up of company.

Capital Reserve --

1.  it refers to those amounts which are not free for distribution as dividend.

2.  It is mandatory to create Capital reserve in case of profit on forfeited shares.

3.  It is shown in balance sheet.

4. No special resolution required.

5.  Can be used to write off capital losses at any time during the life of a company.

Originally posted by : Resham
	Reserve Capital -- 1.  It refers to that portion of uncalled capital which is not called up except in the event of winding up of the company. 2.  It is not mandatory to create reserve Capital. 3.  It s not shown in the company's balance sheet. 4.  A special resolution needs to be passed for its creation. 5.  Can be used only at the time of winding up of company. Capital Reserve -- 1.  it refers to those amounts which are not free for distribution as dividend. 2.  It is mandatory to create Capital reserve in case of profit on forfeited shares. 3.  It is shown in balance sheet. 4. No special resolution required. 5.  Can be used to write off capital losses at any time during the life of a company.

yup ryt and agreed

Originally posted by : Resham
	Reserve Capital -- 1.  It refers to that portion of uncalled capital which is not called up except in the event of winding up of the company. 2.  It is not mandatory to create reserve Capital. 3.  It s not shown in the company's balance sheet. 4.  A special resolution needs to be passed for its creation. 5.  Can be used only at the time of winding up of company. Capital Reserve -- 1.  it refers to those amounts which are not free for distribution as dividend. 2.  It is mandatory to create Capital reserve in case of profit on forfeited shares. 3.  It is shown in balance sheet. 4. No special resolution required. 5.  Can be used to write off capital losses at any time during the life of a company.

100% agreed

Originally posted by : Resham
	Reserve Capital -- 1.  It refers to that portion of uncalled capital which is not called up except in the event of winding up of the company. 2.  It is not mandatory to create reserve Capital. 3.  It s not shown in the company's balance sheet. 4.  A special resolution needs to be passed for its creation. 5.  Can be used only at the time of winding up of company. Capital Reserve -- 1.  it refers to those amounts which are not free for distribution as dividend. 2.  It is mandatory to create Capital reserve in case of profit on forfeited shares. 3.  It is shown in balance sheet. 4. No special resolution required. 5.  Can be used to write off capital losses at any time during the life of a company.

agree