Minimum authorized share capital for india pvt ltd

This query is : Resolved

l.narasimha rao (Querist)
Follow

01 July 2014 Dear sir,

What is the minimum authorized share capital for company with the name XYZ india Pvt Ltd.

Thanking you sir,

Best regards.

Narasimha

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

01 July 2014 5 lacs ..................

Ankur Garg

Ankur Garg (Expert)
Follow

01 July 2014 Minimum paid up capital has been prescribed for private company in Section 2(68) of Companies Act, 2013, which is 1 Lac. It means minimum authorized up capital for private company will be Rs. 1 Lac

Revert if there is any doubt.

Thanks

CA UMESH DULAL

CA UMESH DULAL (Expert)
Follow

01 July 2014 agree with Ankur but he wants xyz INDIA pvt. Ltd.

sushil kumar

sushil kumar (Expert)
Follow

01 July 2014 Dear All,
As per Name guidelines, if INDIA word is used within the name with or without brackets, 25 lacs authorised capital is needed to form a company.

CS Bharat Dama

CS Bharat Dama (Expert)
Follow

01 July 2014 Dear sushil kumar where it is written in the Act. Can you please guide.

Ankur Garg

Ankur Garg (Expert)
Follow

02 July 2014 Agree with sushil.

If India word is used in the company name with or without brakets, min auth capital will be Rs. 25 Lacs.

The is given in Companies (Name Availability) Rules, 2011.

Thanks