Minimum share capital for a Section 25 company

Dear Ms.Ramakrishna,

For adopting the key word in the proposed name as "asiatic or asia" the required authorised share capitals of the company must be 5 Cr.Please refer the Circular No.27/1/87-Cl-III,dated-13-3-1989.

Regards,

Rakesh Kumar

Any Limited Company which ends with names such as India, Asia.... should have minimum share capital requirements as per form 1...so the company has to register for capital of Rs. 50,00,000

Dear Friends,

We are registering it as a Section 25 private limited company.  Does it apply for private limited company too?

Thanks & Regards,
Poornima

Dear Rakesh,

Could you please provide me with the circular url.

Thanks

Poornima

Dear Pornima,

Its mine pleasure while interacting with u.You are requested to vist the mca.gov.in site and am sure you will get this circular as aforesaid.Furthermore,ROC while allotting a name for your company irrespective whether it is pvt. co. or public or section 25 such condition will apply.Alternatively, you can also ckeck with the nearest ROC office.

Get back to me if you need futher clarification.

Regards,

Rakesh

This provision does not apply to Sec 25 companies.

Hi Deepika,

Minimum share capital for a private limited company is Rs. 1,00,000/- & Rs. 5,00,000/- for a Limited company.

Dear Poornima 

Thanks for reply !

But I heard for Private Limited Company it can be 50,000 also.

Thanks

Deepika Tyagi