Question

According to the Companies Act, 2013 what should be the minimum paid-up capital of a public limited company?

Q: Answer-According to the Companies Act, 2013 what should be the minimum paid-up capital of a public limited...

Explanation Section 271 public company public company means a company whicha is not a private company and b has a minimum paid-up share capital as may be prescribed Provided that a company which is a subsidiary of a company, not being a private company, shall be deemed to be public company for the purposes of this Act even where such subsidiary company continues to be a private company in its articles.