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Chris asked in Business & FinanceInvesting · 1 decade ago

Is there a minimum amount of shares a company must have?

As in do you have to sell a minimum amount of shares to be declared a company?

1 Answer

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  • 1 decade ago
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    As per Indian Companies Act 1956, a Private company should have a minimum paid up capital of Rs. 100000 and a Public Company should have a minimum paid up capital of

    Rs. 500000.

    Accountancyhelp.com

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