Regulation on capital raising by start up companies

Ayush (Executive ) (6232 Points)

17 March 2016  

The term “Start up” is neither defined in the Companies Act, 2013/1956 nor in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. However, the number of newly registered companies along with their authorized capital for the last three years and current year upto December, 2015, is given below:

 

Year

Number of Newly Registered Companies

Authorized Capital (in Rs Crore)

2012-13

92383

57536.61

2013-14

98437

38873.83

2014-15

64395

31830.72

2015-16 (As on 31stDecember)

60489

11985.97

 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

The term “Start up” is neither defined in the Companies Act, 2013/1956 nor in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. However, the number of newly registered companies along with their authorized capital for the last three years and current year upto December, 2015, is given below:

 

  •  

Number of Newly Registered Companies

Authorized Capital (in Rs Crore)
  1.  
  1.  
  1.  
  1.  
  1.  
  1.  
  1.  
  1.  
  1.  

2015-16 (As on 31stDecember)
  1.  
  1.  

 

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.