Business Studies, asked by starandeep38, 1 year ago

What is the minimum paid up capital required by private and public company

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Answered by dhana232323

All new companies must authorise a minimum amount of capital, which: a. For private limited companies and OPCs is Rs. 1 lakh; b. and for public limited companies is Rs. 5 lakh. ... The minimum paid up share capital requirement is removed for both public and private companies.

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