Ratio between Authorized and Paid up share Capital
This query is : Resolved
04 December 2008
Is there any ratio between authorized share capital and Paid-up share capital of a Pvt Ltd company. A company wants to have authorized capital of Rs.50 Lakh[due to use of Intl with name] and Paid up Capital of 5 lakh. What would be my cost for ROC. Can I use chairman as the designation for director who invested majority.?
Regards,
Anil Jacob
Regards,
Anil Jacob
04 December 2008
1) No ratio.
2) Roc fees alone Rs.1,08,000/-
3) Chairman and executive/non-executive director.
2) Roc fees alone Rs.1,08,000/-
3) Chairman and executive/non-executive director.
05 December 2008
Thanks for your replay. How much should be my authorized capital, if I want to use the name "XXX International". Is there any other requirements to use that name apart from authorised Capital. What is the ratio of RoC fees with Share Capital? Is there any way to reduce my ROC charges
06 December 2008
No ratio.
if you create nbfc co. then requirment of capital of rs 20000000
nom way to reduce fees
if you create nbfc co. then requirment of capital of rs 20000000
nom way to reduce fees
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