Minimum number of share to be subscribed by a member

Senthil Nathan (Other) (32 Points)

29 April 2009  

 For registering a private limited company minimum equity capital required is Rs 1,00,000 and minimum  of members and 2 directors are required. But I want to know.

1. What is the minimum number of shares that one member need to subscribe. ( either in muber of shares or percentage of shares )

2. What is minimum required contribution from each member towards equity capital (minimum amount in rupess that each member must invest in a newly registerd pvt ltd company ).