General Studies · Companies Act Provisions
Prior to the Companies (Amendment) Act, 2015, what was the minimum paid-up equity capital required to incorporate a public limited company in India?
- 1Rs. 20 lakhs
- 2Rs. 10 lakhs
- 3Rs. 1 lakh
- 4Rs. 5 lakhs✓
Correct answer
Rs. 5 lakhs
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