Minimum paid up capital

anshul sangal (Querist) 21 January 2010 This query is : Resolved
What is meaning of Minimum Paid up Capital under company law?

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A V Vishal (Expert) 21 January 2010
The minimum paid up capital for Private Limited Company is Rs.1,00,000/- and for a Public Limited Company it is Rs.5,00,000/-.

It means that much share capital should be compulsarily subscribed by the members of the company.

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