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Incorporation and relevancy of capital

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(Querist)
07 October 2013 if a concern applied for a loan of 23 lacs and his own contribution is 1.5 lac.
now for the incorporation of as a company how to fix authorized capital and paid up capital, on the basis of above contribution.

Plz suggest me..............
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Arun Biyani

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Arun Biyani (Expert)
08 October 2013 it can not be more than 1.5 lacs , including premium if any..

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