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Sum Invested

Minimum paid ...

Question

Minimum paid up share capital in case of a public company is _______.

A

1 Lakh

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B

3 Lakhs

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C

5 Lakhs

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D

7 Lakhs

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Solution

The correct option is C 5 Lakhs
According to the provisions of the Indian Companies Act, 2013, minimum paid up share capital in case of a public company is Rs. 5 lakhs.

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Q. Select the proper option from the options given below and rewrite the completed sentences.

The minimum amount of paid up capital for public company is ________.
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Q. Which company has a minimum paid up capital of one lakh rupees or higher?

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