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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