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Minimum Authorised capital Requirement

ashish lohiya (chartered accountants) (58 Points)

06 November 2008

Hi,

Please let me know what is minimum authorised capital is required if company name consist of word-

1) INDIA

2) CORPORATION

- CA ASHISH LOHIYA

RAIPUR (C.G.)

94063 27200

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23 Replies

Juzer Sadikot (CA - innovative solutions for Imports and Exports) (1309 Points)
Replied 06 November 2008

Dear Ashish

Minimum Authorised Share Capital for special words

Ø 5 lacs — If the words Hindustan, India, Bharat used in the namewith or without bracket.

Ø 10 lacs — The minimum authorized capital required for the word enterprise, products, business and manufacturing in the name of the company.

Ø 50lacs — The Minimum Authorised Capital required if the words International, Global, Universal, Continental, Intercontinental, Asiatic, Asia used within the name with or without bracket.

Ø 1 crore — International, Global, Universal, Continental, Intercontinental, Asiatic, Asia as first word, and the word industry and udhyog anywhere in the name.

Ø 5 crore — The word corporation anywhere in the name.

You can even refer to circular F. No. 27/1/87 dated 13-3-1989 for further details

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MINI (TEACHER) (27 Points)
Replied 09 February 2010

I WANT TO INCORPORATE A NEW COMPANY THAT WILL BE ENGAGED IN THE BUSINESS OF HUMAN RESOURCE OUTSOURCING. CAN YOU PLEASE TELL ME THAT IS THERE ANY REQUIREMENT FOR MINIMUM AUTHORISED CAPITAL? e.g. IN CASE OF CONSTRUCTION COMPANY, WE NEED ATLEAST 10 CRORES OF AUTHORISED CAPITAL TOGET IT INCORPORATED. PLEASE DO REPLY AS SOON AS YOU CAN. THANKS!!!

Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 09 February 2010

Find attached a useful file containing key words for authorized capital.

However as per my understanding in your case there is no requirement of minimum authorized capital.

Attached File : 31 key word for authorised capital.pdf downloaded: 3989 times

1 Like

CA.SKR (CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional) (442 Points)
Replied 09 February 2010

Originally posted by : MINI
	I WANT TO INCORPORATE A NEW COMPANY THAT WILL BE ENGAGED IN THE BUSINESS OF HUMAN RESOURCE OUTSOURCING. CAN YOU PLEASE TELL ME THAT IS THERE ANY REQUIREMENT FOR MINIMUM AUTHORISED CAPITAL? e.g. IN CASE OF CONSTRUCTION COMPANY, WE NEED ATLEAST 10 CRORES OF AUTHORISED CAPITAL TOGET IT INCORPORATED. PLEASE DO REPLY AS SOON AS YOU CAN. THANKS!!!

The minimum authorised and paid up capital required for incorporating a private limited company in India is Rs.1.00 lac. This is applicable to human resource outsourcing company as well as construction company. However, if you want certain special words to form part of your name, amount of minimum authorised capital gets increased as per guidelines of MCA. Minimum authorised capital of Rs. 10 crores for Construction company is not correct.

Thanks,

CA. Satendar Kumar

Mobile No. 9810543531

MINI (TEACHER) (27 Points)
Replied 10 February 2010

THANX 4 UR VALUABLE REPLIES.

SOMEDAYS AGO I WAS INCORPORATING A NEW COMPANY. IN ITS MEMORANDUM I HAVE PLACED 3 MAIN OBJECTS- 1. MARKETING,2. CONSTRUCTION, 3. INSURANCE. BUT WHEN I WENT FOR THE APPROVAL OF FORM 1, THE OFFICERS OVER THERE SENT BACK THE FORM EXPLAINING THAT THE FORM NEED RE-SUBMISSION. THEY SAID WE HAVE AUTHORISED CAP. OF RS. 10 LACS AND WANT TO ENGAGE IN CONSTRUCTION CO-WHICH NEED MIN. 10 CRORES OF CAPITAL. THATS WHY I JUST WANNA CONFIRM THIS.

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Hariharakrishnan (Officer) (46 Points)
Replied 14 May 2010

Hi friends,

One of our clients wants to incorporate a company with CAPITAL as the key first word. The main objects of the company are building construction, interior designing and architectural work. Due to these objects, s there any limitations in giving CAPITAL as the key word and, if so, what? Also, if there is no limitations, what would be minimum authorized capital for using CAPITAL as the key word.

Could anybody clarify

Thanks

Hariharakrishnan

kamakshi s iyer (company secretarial assistant) (30 Points)
Replied 17 June 2010

please give me the object clause for enterprises company

Saurabh Parikh (Practising Company Secretary) (21 Points)
Replied 11 February 2011

Is their any Minimum Capital requirement for Company Name containing Overseas in between.

Suganya (Audit Assistant) (21 Points)
Replied 11 August 2011

Hi Can anyone tell me what is the minimum authorised capital requirement for a company to have TRANSNATIONAL in its name... Thank you in advance

alekhya (Article Trainee) (46 Points)
Replied 11 August 2011

hi frndz

can any one tell me "wat is the minimum authorised capital for a mining pvt ltd company?"

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aditya (owner) (21 Points)
Replied 05 March 2012

Dear all Can anyone tell me that is it mandatory to show one of the main object in the name of company which I am going to register in one lac authorised capital . Example I want xyz private limited There r few main object in MOA but I don't want to show anyone of them in the name of the company , my authorised capital is one lac Plz help Thanks in advance