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Minimum paid up capital

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 September 2011 DEAR SIR,

I WANT TO START A NEW PVT.LTD COMPANY WHAT IS THE MINIMUM PAID UP SHARE CAPITAL.
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Hari Beldona

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Hari Beldona (Expert)
15 September 2011 Minimum paid up capital of Rs 1 lac.

THE definition of a `private company' as per Section 3(1) (iii) of the Companies Act, 1956 was amended vide Companies (Amendment) Act, 2000 with effect from December 13, 2000, to mean a company which has a minimum paid-up capital of Rs 1 lakh
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