Question

A Public Company is a company which has a minimum

Q: Answer-A Public Company is a company which has a minimum paid-up share capital ____________

As per the Companies Act, 2013 , a Public Company is not required to have any minimum paid-up share capital . The previous requirement for minimum paid-up capital has been abolished by the Companies Amendment Act, 2015 .

paid-up share capital ____________

A As may be prescribed

B No mandatory minimum paid-up capital requirement

C Five lakh rupees or fifty crore paid-up capital

D One lakh rupee or such higher paid-up capital as may be prescribed

E Five lakh rupees or such higher paid-up capital as may be prescribed

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A Public Company is a company which has a minimum

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