Minimum Authorised capital
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 February 2011
Respected Sir/Madam
I want to know that what is the minimum Authorised capital to incorporate a finance company
I want to know that what is the minimum Authorised capital to incorporate a finance company
ADITI BIDASARIA
(Expert)
15 February 2011
Please explain which kind of Finance Company?
If it is an investment Company or loan Company etc. then it should be registered as NBFC Company. Minimum Authorised Capital for these kind of Companies is Rs. 2 Crore.
If it is an investment Company or loan Company etc. then it should be registered as NBFC Company. Minimum Authorised Capital for these kind of Companies is Rs. 2 Crore.
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