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Inclusions in paid up capital

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(Querist)
10 November 2009 For the purpose of appointment of a Full time Company secretary, a companies Paid Up Capital shouls be more than 5 crores. Does paid up capital include any kind of reserves for this purpose?
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CS Vandana Kacholia

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CS Vandana Kacholia (Expert)
10 November 2009 No, paid up capital does not include any kind of reserves for this purpose i.e. purely paid up capital of the Company.


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varun

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varun (Querist)
10 November 2009 Thanks Vandana.
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