Authorised capiatl for using 'india' in mid of the name

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 March 2012 sir,

can anybody tell me what is the exact minimum authorised capital required for using word "india " in the mid of the name of a company.

I am little confused because as per Draft of the Companies (Name Availability) Rules, 2011 it is Rs. 25 Lacs whereas everybody is telling me for Rs. 5 Lakhs.

Thanks & Regards.

Jiten Gupta

Jiten Gupta (Expert)
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01 March 2012 No any barrier on keeping ASC!!!

You can keep the ASC as per your desire...

anurag

anurag (Expert)
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01 March 2012 i thinks now it is 25 lacs.

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CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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01 March 2012 Yes

As per Companies (Name Availability) Rules, 2011 If the word "India" is used
within the name (with or without brackets), required authorized capital is Rs. 25 lakhs

Jiten Gupta

Jiten Gupta (Expert)
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01 March 2012 Check the link below!!!!

There are many companies have been formed with name india in Mid of their name!!!

No any prequisite for ASC!!!

http://www.mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf