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 ____________

Companies Act 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. Since there is no prescribed amount therefore there is no minimum paid-up capital requirement.

paid-up share capital ____________

A As may be prescribed

B No 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

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A Public Company is a company which has a minimum

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