03 December 2011
Hello everybody I want to know what it the minimum capital requirement for company include word "International " in the name. As per latest guideline.
I will be thankful if you could quote the ROC circular for it
03 December 2011
Key words in the Name of a Company Minimum Authorised Capital Required Corporation----- 5 Crores
International, Globe, Global , Universal, Universe, Continental, Inter- Continental, Asiatic, Asia, Asian, World Being the first part of the name--- 1 Crore
Hindustan, Hindustani, Hindustanee, India, Indian, Bharat, Bharatati, Bharatiya, Bharateeya Being the first word of the name-50 Lacs
If any of the key words as above is used within the name(with or without brackets) 5 Lacs
04 December 2011
If 'International' is the first word of the proposed name of the company minimum capital requirement is Rs. 5/- crores. If used with in the name, with or without brackets, minimum is Rs. 2/- crores.
PS:- The above requirement is as per Companies (Name Availability) Rules,2011.