Private company means a company which has a minimum paid up capital of -------------------

Question

Quizplus · Accepted Answer

As of my last update, the Companies Act, 2013 in India does not specify a minimum paid-up capital requirement for private companies. However, the choice provided here, Rs.1,00,000, was historically considered the standard minimum paid-up capital for private companies under the older Companies Act, 1956. This requirement has since been removed to ease the process of starting a business.

Private Company Means a Company Which Has a Minimum Paid