Question

According to the companies act 2013 the minimum paid up share capital of a public company is

Answer 1

For private limited companies and OPCs is Rs. 1 lakh; b. and for public limited companies is Rs. 5 lakh. The Companies Act, 2013 defied a Private Limited Company as: “private company” means a company having a minimum paid-up share capital of one lakh rupees or such higher paid-up share capital as may be prescribed”.