Mutual benefit company
This query is : Resolved
26 June 2009
What is the minimum requirement of authorised and paid up capital for a mutual benefit company?
26 June 2009
Minimum paid up capital for a private company is Rs. 1 Lac and for public company is Rs. 5 Lac.
Accordingly determine your Authorised capital but remember 1 thing Authorised capital can not be less then paid up capital.
Regards
Accordingly determine your Authorised capital but remember 1 thing Authorised capital can not be less then paid up capital.
Regards
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