Using word "corporation" for incorporating a new company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2013
We want to use word "CORPORATION" in the proposed private limited company.
e.g. ABC CORPORATION PVT LTD
Now whether we required the Authorised capital as 2 crore for using such word in the name of the company as mentioned in the Name Availability Guidelines..
e.g. ABC CORPORATION PVT LTD
Now whether we required the Authorised capital as 2 crore for using such word in the name of the company as mentioned in the Name Availability Guidelines..
05 August 2013
Hi
No, as per new Name Availability Guidelines, 2011, no need to maintain minimum Authorised capital for using such words.
Now a days, only finance company is required to maintain Authorised/paid capital.
You are free to use the Corporation word with a minimum capital of 1laks/5lakhs, as the case may be.
No, as per new Name Availability Guidelines, 2011, no need to maintain minimum Authorised capital for using such words.
Now a days, only finance company is required to maintain Authorised/paid capital.
You are free to use the Corporation word with a minimum capital of 1laks/5lakhs, as the case may be.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2013
Thanku Very Much Sir
06 August 2013
My Pleasure.......
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