01 July 2014
Minimum paid up capital has been prescribed for private company in Section 2(68) of Companies Act, 2013, which is 1 Lac. It means minimum authorized up capital for private company will be Rs. 1 Lac
01 July 2014
Dear All, As per Name guidelines, if INDIA word is used within the name with or without brackets, 25 lacs authorised capital is needed to form a company.