I am incorporating a Private Limited Company the name starting with "Indian" what would be the minimum authorised capital requirement for the same
Thanks
6 Replies
CA Shivshankar Gupta
(B.Com CS FCA LLB DISA )
(325 Points)
Replied 23 January 2014
One Lakh
Refer revised provision for same
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 23 January 2014
The minimum authorized capital of the private Company is 1 (one) Lakh as per new as well old companies act.
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 23 January 2014
There Are Name/Authorised Capital Guidelines For Company With Name Including "INDIA"
If Whithin Name: Minimum Capital 500000
If At Starting of name: Minimum 5000000
But Your Case Is INDIAN
So It Depends If MCA Considers India As Included In Indian
So Better Call MCA Help Line.
Check Nameing Guidelines Below
https://www.mca.gov.in/MCA21/dca/downloadeforms/Section20_21dec2009.pdf
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 23 January 2014
| Originally posted by : CA Shivshankar Gupta | ||
 |
One Lakh Refer revised provision for same |
 |
Dear Sir Please Guide Me As To Where Are New Provisions Listed.
TiA.
SURESHAN
(Company Secretary)
(170 Points)
Replied 23 January 2014
PLEASE APPLY AND WAIT. THE GUIDELINES ARE FLEXIBLE
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