Capital requirement for pvt. ltd. as per name
This query is : Resolved
17 February 2016
Dear Experts,
If a Pvt, Ltd. Co. wants to use India/Bharat as suffix, the capital requirement is 500,000 INR instead of 100,000. As is shown in MCA site.
Is it true that the capital requirement is changed now and there is no minimum requirement as such (Came to know in a seminar but when checked the MCA Site it was showing the same information).
Want to clarify Two things:-
1. What is Minimum Capital Requirement for P. Ltd Co (Indian)
2. Does the increased limit for suffix hold true even now
Thank You,
Deepa Joshi
If a Pvt, Ltd. Co. wants to use India/Bharat as suffix, the capital requirement is 500,000 INR instead of 100,000. As is shown in MCA site.
Is it true that the capital requirement is changed now and there is no minimum requirement as such (Came to know in a seminar but when checked the MCA Site it was showing the same information).
Want to clarify Two things:-
1. What is Minimum Capital Requirement for P. Ltd Co (Indian)
2. Does the increased limit for suffix hold true even now
Thank You,
Deepa Joshi
17 February 2016
1. No minimum capital requirement. Pl see clause 2 in the notification http://www.indiacode.nic.in/acts-in-pdf/2015/201521.pdf
2. No minimum limit for capital to use certain 'specific words'.
Inference - The Companies ( Incorporation ) Rules 2014. http://perry4law.org/clii/wp-content/uploads/2014/03/Companies-Incorporation-Rules-2014.pdf
2. No minimum limit for capital to use certain 'specific words'.
Inference - The Companies ( Incorporation ) Rules 2014. http://perry4law.org/clii/wp-content/uploads/2014/03/Companies-Incorporation-Rules-2014.pdf
17 February 2016
Thank You So much Sir.....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR -1 Filing
- TWO FIRM NAME IN ONE GST NUMBER
- Section 54 f disallowed will be taxed at what rate
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Which ITR application
- TDS whether applicable or not in case of Flat purchase
- Transfer of rectification rights to ao
- IGST Refund pending since June 2022.
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Form 16 Issues
- SALES MADE THROUGH E COMMERCE OPERATOR 9(5)
- Igst utilisation query
- Section 12A(1)AC
- Interest will be paid
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
Trending Online Classes
CAclubindia
