which issue shares to the public to raise there capital
public company defination - '' it is the group of private individuals who invest there money in some common stock and gets and share the profits of it on the basis of capital invested by them. ''
public company needs atleast a capital of 5 lacs to register in the company registrar office.and to come into existance
04. - (c) sacrificing ratio
05. - (d) will not get any interest
06. - (b) 7
07. - (a) Rs. 1 lakh
All new companies must authorise a minimum amount of capital, which: a. For private limited companies and OPCs is Rs. 1 lakh; b. and for public limited companies is Rs. 5 lakh. ... The minimum paid up share capital requirement is removed for both public and private companies.
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answer:When shares are issued to the general public, the minimum amount that must be subscribed by the public so that the company can allot shares to the applicants is termed ‘minimum subscription’. As per the Companies Act of 1956, the minimum subscription of shares cannot be less than 90 per cent of the issued amount. If the minimum subscription is not received, the company cannot allot shares to its applicants, and it shall immediately refund the entire application amount received from the applicants.
Explanation:Paid up capitalA public limited company is required to have a minimum paid-up capital of Rs 5 lakh or such higher amount as prescribed under the act.Hope Its Helpful answer ♥️
public company 500000 and private company till 1 lakh
the companies act, 2013 earlier mandated that all private limited companies have a minimum paid up capital of rs.1 lakh.
meant that rs.1 lakh worth of money had to be invested in the company by purchase of the company shares by the shareholders to start busines
the minimum paid up capital in public companies 5 lakh rupees
The minimum paid-up equity capital for small finance banks shall be ₹100 crore (US$15 million).
time= 1000/50= 20sec