History, asked by bharat01322, 8 months ago

what is the investigation capital required of private limited company

Answers

Answered by annette7
3

Answer:

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 Anonymous
4
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.
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