​The portion of the uncalled capital, which can be called only at the time of winding up of the company, is known as:

Correct option is C

The correct answer is (c) Reserve Capital

Explanation:
• Reserve Capital is the portion of uncalled share capital that can be called up only at the time of winding up of the company.
• It acts as a financial safeguard for creditors when the company is liquidated.
• This portion is decided by a special resolution passed by the company under Section 65 of the Companies Act, 2013.
• Reserve Capital cannot be used during the normal course of business.

Information Booster:
• It is not shown in the Balance Sheet; it’s a contingent liability.
• Created from the uncalled portion of subscribed capital.
• Can only be called by the company’s liquidator to pay debts during winding up.
• It provides extra protection to creditors and investors.
• Only limited companies having share capital can create reserve capital.

Additional Knowledge:
• Uncalled Capital: Part of subscribed capital not yet demanded by the company.
• Nominal (Authorized) Capital: Maximum capital a company can issue as per its memorandum.
• Unsubscribed Capital: Portion of authorized capital not subscribed by the public.