Incorporation of company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 September 2012
Whether the company (Pvt or Public) can be formed with only athorised capital of one type either equity or preference share??
15 September 2012
Authorized capital is maximum capital which a company can raise. You can have both equity and preference shares as authorized capital at the time of incorporation of company.
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15 September 2012
Yes you may have one type of capital however, minimum equity capital must be there.
For private Companies = 1 lacs
For public Companies = 5 Lacs
For private Companies = 1 lacs
For public Companies = 5 Lacs
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Querist : Anonymous
Querist :
Anonymous
(Querist)
16 September 2012
Thanx a lot pawan sir and ankur sir...
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