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Minimum Authorised capital

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Querist : Anonymous

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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
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ADITI BIDASARIA

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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.
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