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      Question

      The minimum paid-up capital for a private company

      is?
      A Rs.1 lakh Correct Answer Incorrect Answer
      B Rs.2 lakh Correct Answer Incorrect Answer
      C Rs.5 lakh Correct Answer Incorrect Answer
      D Rs.10 lakh Correct Answer Incorrect Answer
      E No such minimum limit Correct Answer Incorrect Answer

      Solution

      The Companies Act, 2013 earlier mandated that all Private Limited Companies have a minimum paid up capital of Rs.1 lakh.

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