Accountancy Part AAccounting for Shares

Uncalled capital that can be called up only in event of winding up of…

Uncalled capital that can be called up only in event of winding up of the company is called :

Answer & explanation

Correct answer: option 3

The correct answer is Option (3) → Reserve Capital

NCERT (2026-27 edition):
Categories of Share Capital – “… • Reserve Capital: A company may reserve a portion of its uncalled capital to be called only in the event of winding up of the company. Such uncalled amount is called ‘Reserve Capital’ of the company. It is available only for the creditors on winding up of the company.”