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
ashish lohiya (chartered accountants) (58 Points)
06 November 2008Hi,
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
Juzer Sadikot
(CA - innovative solutions for Imports and Exports)
(1309 Points)
Replied 06 November 2008
Dear Ashish
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.
CA.SKR
(CA; CS-Final (One Group); DISA (ICAI); Insolvency Professional)
(442 Points)
Replied 09 February 2010
Originally posted by : MINI | ||
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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!!! |
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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.
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
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?"
aditya
(owner)
(21 Points)
Replied 05 March 2012
Mihir Sanghvi
(kp co.)
(49 Points)
Replied 14 March 2012
i want to form company as Patel Commodities Pvt. Ltd., than is rs.1 lac capital ok
Jiten Gupta
(Company Secretary)
(1693 Points)
Replied 15 March 2012
Minimum Authorised Capital in case of Private Limited Company is Rs. 1 Lac irrespective of any word coming into the proposed Name of Company.
sonam patil
(cs Executive)
(98 Points)
Replied 19 June 2012
Hi ,
Can anyone tell me what is the minimum authorised capital & Paid Up capital requirement for a Insurance Company .....
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)