Minimum Authorised Capital for key words as part of name

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Guest

Guest (Querist)

28 October 2009 Where do I find the following details as per Companies Act, 1956 ?

Key words & Required minimum authorised capital

1 Corporation - 5 Crores

2 International, Globe, Universal, Continental, Intercontinental, Asiatic, Asia, being the first word of the name - 1 Crore

3 If any of the words at (2) above is used within the name (with or without brackets)- 50 Lakhs

4 Hindustan, India, Bharat, being the first word of the name - 50 Lakhs

5 If any of the words at (4) above is used within the name (with or without brackets)-
5 Lakhs

6 Industries/ Udyog - 1 Crore

7 Enterprises, Products, Business, Manufacturing - 10 Lakhs

Await the experts' response.

Ankur Garg

Ankur Garg (Expert)
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28 October 2009 Introduced through Circular No.

27/1/87/CL.III, Dated 13/3/1989.

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