Name availability
This query is : Resolved
31 January 2012
A person wants to incorporate a company.. He wants to use the word 'Universal' in the name..
What should be the minimum authorized capital ?
I read somewhere that as per the new guidelines on name availability, the minimum authorized capital for all private companies is Rs.One lacs.. There is no specific information on use of words like 'universal, Hindustan, Industries, Udyog' etc..
What should be the minimum authorized capital ?
I read somewhere that as per the new guidelines on name availability, the minimum authorized capital for all private companies is Rs.One lacs.. There is no specific information on use of words like 'universal, Hindustan, Industries, Udyog' etc..
31 January 2012
There no specific requirement for these names.
Yes, minimum authorise capital is 1 lacs.
Yes, minimum authorise capital is 1 lacs.
01 February 2012
Yes by the following Circular, MCA does not specify any ASC for specific Name..
https://www.mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf
Regards
https://www.mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf
Regards
01 February 2012
Those requirement has been done away with through the introduction of circular mentioned by Jitendra
02 February 2012
https://www.mca.gov.in/Ministry/pdf/Companies_rules_15Mar2011.pdf
In these guidelines, that ASC clause is there..
In these guidelines, that ASC clause is there..
03 February 2012
Guidelines provided by you are old. Refer new guidelines mentioned in link posted by me.
04 February 2012
Iqbal- i have checked, there is no need of authorised capital being 5 crores. So a company can be incorporated with Rs. 1 lac capital.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
