Authorised capital

As per my concern the Authrised Capital of the Company depends upon the words as u have mentioned at the begining or anywhere in between the name.

What if the company needs an investment of  say Rs.50 lakhs or more to start the business, then , in that case A.C is only Rs.100000/-, which means the rest is going to come through "loans" from directors or their relatives .. Will that be ok?? or is there any law which says that certain percentage of investments should be from capital for a pvt ltd co and not from directors ??

I wanted to know if there is any other criteria other than name to decide on the authorised capital figure ??

Authorised Capital is the maximum Capital which the Company is authorised to raise by issuing Shares.It is on this amount the Company has to pay prescribed fees at the time of registration.

Therefore the Authorised Capital should be fixed keeping in mind

1). Companies ability to pay the Fees at the time of Registeration which is quite high.

2). fund requirement of the Company so that it can raise through Shares.

3). Factors mentioned by Mr. Ankur 

Thanks and Regards

Charu