Minimum capital requirements
Akshata Sadwelkar (1 Points)
14 April 2020
how much capital required for public and private company formation as per latest amendment of companies Act.
1 Replies
CS Smriti Sharma
(ACS, B Samrish & Co.)
(880 Points)
Replied 14 April 2020
The criteria for share capital has been done away with the Companies Amendment Act 2017 dated Feb 09 2018.
please check the revised definition as per section 2(78) and section 2(71).
please check the revised definition as per section 2(78) and section 2(71).
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