Sir, I find the key words controlling Authorised capital indicate that if the name of the company contains the word "Corporation" then minimum authorised capital has to be 1 crore, similarly if if the name contains "manufacturer" or " then "manufacturing" then it will be 10 lakhs. Now we are proposing to start a drinking water purification unit that is manufacturing packaged Drinking water and the proposed name does not contains the word "Manufacturing" or "manufacturer" then what is the minimum stipulated authorised capital required ? or is there is any stipulation related to objective of the company ?Our paid up capital is 1 lakh only. can anybody kindly enlighten me ?
