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Can we form private company if paid up share capital is less than 1 lakh
Replies (7)
yes you can form.
Sir but section 2(68) states that means a company whose minimum paid up share capital is less 1 lakh.
Sir can we please tell which amendment has omitted it.
Sir can we please tell which amendment has omitted it.
as per sec2(68) Pvt company means a company having a minimum paid up capital as may be prescribed.......
but nothing has been prescribed so far...thus, there is no minimum paid up share capital
but nothing has been prescribed so far...thus, there is no minimum paid up share capital
so their is also not any limit for public company as per section 2(71)
yeah...
Thanku
pleasure 🙂
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