Pending professional review. This content was drafted with Claude from official sources and has not yet been reviewed by an ArthaKara professional. Verify against the official sources before relying on it.
No. The minimum paid-up capital requirement was removed in 2015.
Detailed explanation
Founders can start with any authorised and paid-up capital. Fees and stamp duty on incorporation depend on the authorised capital and the State.
Applicability
Private and public companies
Exceptions
Certain regulated businesses (for example NBFCs) need minimum net owned funds under sectoral regulation.
Legal references
Companies (Amendment) Act, 2015
Applicable period
Current
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