What is minimum investment capital required of Private Limited Company?
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Answered by
5
Explanation:
Rs 1 lakh
The Companies Act 2013 earlier mandated that all private limited companies will have to keep a minimum paid up capital of Rs 1 lakh. This provision meant that Rs 1 lakh worth of money had to be invested in the company by purchase of the company's shares to start business.
Answered by
2
Answer:
One lakh
Explanation:
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