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Authorized Capital requirement for specified name under Indian Companies Act

Key Words Authorized Capital Required (Rs)
1. Corporation Rs. 5 Crores
2. International, Globe, Universal, Continental, Inter-continental, Asiatic, Asia, being the first word of the name Rs. 1 Crore
3. If any of the words at (2) above is used within the name (with or without brackets) Rs. 50 Lacs
4. Hindustan, India, Bharat, being the first word of the name Rs. 50 Lacs
5. If any of the words at (4) above is used within the name (with or without brackets) Rs. 5 Lacs
6. Industry, Udyog Rs. 1 Crore
7. Enterprises, Products, Business, Manufacturing Rs. 10 Lacs
8. Securities, Shares etc Rs. 10 Lacs
The names with key words at serial Nos (6) and (7) may be considered when the company proposes to deal in various activities or the company is already carrying on various business activities.

 

 

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