minimum Authorised capital

Hi...

The minimum amount of Authorised Capital depends on the type of Company and not on the type of business the company intends to carry...

God Bless

Udit Sharma 

Authorised Capital depends on the type of Company and not on the type of business the company.....

Agree with the learned members.

Minimum authorised capital depends upon the type of company i.e. private or public and on the name as well.

very good info..posted by ankur srivastva......

Its dep[end upon the type of comapny Either Its PVT COM or PUBLIC

And Good Rply by ANKUR SIR THanks to him

Very Informarive Explanation by Ankur sir

thanks

Originally posted by : CS Ankur Srivastava
	Agree with the learned members. Minimum authorised capital depends upon the type of company i.e. private or public and on the name as well.   Key words in the Name of a Company Minimum Authorised Capital Required Corporation 5 Crores International, Globe, Global , Universal, Universe, Continental, Inter- Continental, Asiatic, Asia, Asian, World Being the first part of the name     1 Crore   Hindustan, Hindustani, Hindustanee, India, Indian, Bharat, Bharatati, Bharatiya, Bharateeya Being the first word of the name     50 Lacs If any of the key words as above is used within the name(with or without brackets) 5 Lacs   Industries, Udyog, Industrial, Industry 1 Crore Enterprises, Enterprise, Products, Product Business, Manufacturing, Manufacture 10 Lacs

 Sir agreed with you. But can you say  what is the source for this information.

Dear Sandhya,

The followings are the min. capital requirements for the cap market intermediaries:

MFs   :50 cr

Merchant Brokers:10cr

Custodians:100 crores

and

brokers :1 crore

Thanks

Use of key words in name and capital of proposed companies- Circular No.87/1/87/CL.III, dated 13-3-1989.

very useful info by Mr. Ankur

nice reply Rupesh...,

Query was raised for Share business specifically, but every one gave general answer.

Only u gave the specific info.

keep it up

Excellent explanation by Ankur.

Thanks a lot.....

ACS Vaibhav Shukla

Thanks all for your comments......

And thanks to Mr. Rupesh too.....