Minimum paid up share capital in case of a private company is _________.
A
1 Lakh
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B
2 Lakhs
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C
3 Lakhs
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D
4 Lakhs
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Solution
The correct option is A 1 Lakh According to the provisions of the Indian Companies Act, 2013, minimum paid up share capital in case of a private company is Rs. 1 lakh.