πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      What is the minimum paid-up capital required for a

      private company under the Companies Act, 2013?
      A β‚Ή1 lakh Correct Answer Incorrect Answer
      B β‚Ή5 lakh Correct Answer Incorrect Answer
      C β‚Ή10 lakh Correct Answer Incorrect Answer
      D No minimum prescribed Correct Answer Incorrect Answer

      Solution

      Explanation:Earlier, Section 2(68) prescribed a minimum paid-up capital of β‚Ή1 lakh for private companies, but this requirement has been removed by the Companies (Amendment) Act, 2015.

      Practice Next
      ask-question