Select the proper option from the options given below and rewrite the

1.	Select the proper option from the options given below and rewrite the completed sentence. The minimum amount of paid up capital for public company is ________. Options Five lakhs one lakh ten lakhs
Answer» The minimum amount of paid up capital for public company is five lakhs. Explanation: According to Section 3(I)(4) of the Companies Act 1956, the minimum amount of paid-up capital for a public company is five lakhs. Whereas, it is 1 lakh in case of private company.

Select the proper option from the options given below and rewrite the completed sentence. The minimum amount of paid up capital for public company is ________. Options Five lakhs one lakh ten lakhs

Answer»

The minimum amount of paid up capital for public company is five lakhs.

Explanation:

According to Section 3(I)(4) of the Companies Act 1956, the minimum amount of paid-up capital for a public company is five lakhs. Whereas, it is 1 lakh in case of private company.

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Select the proper option from the options given below and rewrite the completed sentence. The minimum amount of paid up capital for public company is ________. Options Five lakhs one lakh ten lakhs

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