Paid up capital

Sripada M (CA) (365 Points)

18 December 2008

Hi all,

Please inform what should be the minimum paid up capital for using "Corpration" or "Global" or "India" along with the company's name.

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4 Replies

Surya Jain (Student) (944 Points)
Replied 18 December 2008

I think 1000000, but not sure

Surya

Aditya Jain (Final (New) November 2011) (763 Points)
Replied 18 December 2008

I read it bout a year ago ... Its mostly 1 crore

CS Arpita Rajpurohit (Company Secretary) (1111 Points)
Replied 18 December 2008

Key Words in the Name of a company	Authorised Capital Required (INR)
Corporation	5 Crores
International, Globe, Universal, Continental, Inter-Continental, Asiatic, Asia being the first word of the name	1 Crore
If any of the key words at 2 above is used within the name (with or without brackets)	50 lakhs
Hindustan, India, Bharat Asia being the first word of the name	50 lakhs
If any of the key words at 4 above is used within the name (with or without brackets)	5 Lakhs
Industries / Udyog	1 Crore
Enterprises, products, Business, Manufacturing	10 lakhs