minimum authorised capital needed for using "INDIA" in Name of company.

[aditya garg]

Dear All,

Kindly tell me the minimum authorized capital needed for using "INDIA" in Name of company ?

Regards,

Aditya Garg

9911692535

[Chethan Bhat]

I remember if india is in brackets is rs 25 lacs

Sent from BlackBerry® on Airtel

[santosh gangavati]

Hi
Now those provisions are not effective. You can register the
company using"INDIA" anywhere with or without bracket with
1,00,000/5,00,000 capital.

Correct me if i am wrong.

On 10/17/11, Chethan Bhat <squa...@gmail.com> wrote:
> I remember if india is in brackets is rs 25 lacs
>
> Sent from BlackBerry® on Airtel
>

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Thanks & Regards

Santosh.G
Somy Jacob & Associates
Practising Company Secretaries
Koramangala,2nd Block
Bangalore.
Ph : 080-25630141
email : sand...@gmail.com

[Chethan Bhat]

Pls refer name availability guidelines issued by mca in july 2011....there are revised minimum authorized capital slabs mentioned for words like india, asia, south asia etc etc.. Slabs have been increased substantially since old guidelines were issued...

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[aditya garg]

Dear Chetan Sir,

The guidlines which i had says for five lacs if India is between the words.

On Mon, Oct 17, 2011 at 12:03 PM, Chethan Bhat <squa...@gmail.com> wrote:

I remember if india is in brackets is rs 25 lacs

Sent from BlackBerry® on Airtel

[Sweety Rai]

the list of prescribed minimum authorised share capital amount for use of certain words in the name (Amount in INR):

5 lacs – For the words Hindustan, India, Bharat within the name (with or without bracket).

10 lacs – For the words Enterprise, Products, Business and Manufacturing

50 lacs – For the words International, Global, Universal, Continental, Intercontinental, Asiatic, Asia used within the name (with or without bracket).

50 lacs – Hindustan, India, Bharat, being the first word of the name

Regards

Sweety Rai

Acs shivalik vyapaar pvt. ltd.

[Bidu Bhusan Dash]

Thanks Sweety............. for the information 

 

 

 

 

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Regards,

Bidu

[Kirti Singhal]

Dear All,

You are requested to go through the Name Availability Guidelines. Well as per the circular in the beginning the usage of the word India will lead to the Authorised Capital of Rs. 2 crores. Otherwise, the usage of the word "India" in the middle whether with or without bracket will lead to the Authorised Capital of Rs. 25 lakhs. 

Further, this guideline is in operation since 24th July, 2011.

Opinions & views of others are highly solicited in this regard.

Regards

Kirti Singhal

Practicing Company Secretary

Mobile: +91-9999931960

On Mon, Oct 17, 2011 at 12:35 PM, santosh gangavati <sand...@gmail.com> wrote:

--

CS Kirti Singhal 
Practicing Company Secretary

PCS, LL.B, B.Com(H), DIM

Mob.- +919999931960
Email: cskirti...@gmail.com

[Chethan Bhat]

Thanks kirti ji for confirming my memory... I remember taking a conscious call to drop the word India due to huge AC requirement and related RoC fees. Thanks again...

Sent from BlackBerry® on Airtel

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From: Kirti Singhal <cskirti...@gmail.com>

Sender: csmy...@googlegroups.com

Date: Mon, 17 Oct 2011 12:50:31 +0530

To: <csmy...@googlegroups.com>

ReplyTo: csmy...@googlegroups.com

Subject: Re: [CSMysore] minimum authorised capital needed for using "INDIA" in Name of company.

[Kirti Singhal]

Dear Chetan,

Appreciated your comments and this is the forum where we exchange our thoughts.

Regards

Kirti Singhal

Practicing Company Secretary

Mobile: +91-9999931960

[Chethan Chandra Bhat]

Agree... Well said....

regards

Chethan

With Kind Regards,

CA. Chethan Chandra Bhat
S1, Shivaji Supraja Apartments,
125/126 Kamaraj Salai, Alwarthirunagar
Chennai 600 087
Mobile: +91 9884671734

Email: chethan.ch...@icai.org

[Vivek Hegde]

Dear All,

I do not agree with your views. There is no authorized capital restriction in new Name Availability guidelines. I do not know the intention behind removing such a restriction from Naming Guidelines.

Now, ROC is allowing INDIA, VENTUTE, ENTERPRISE, GLOBAL etc even with 100000 paid up capital.

Vivek

Warm Regards

CS Vivek Hegde,B.com, ACS, CWA
Company Secretary in Practice
No. 405, 4th Block, 7th Cross
Koramangala, Bangalore-560034
Mob: 09019756940/09900898223

[Bidu Bhusan Dash]

Dear All,

Then what is the final answer of the query..............please conclude  ?

--

Regards,

Bidu

[aditya garg]

Dear All,

I have filed the form 1A with 10 lacs authorised capital with name INDIA. Lets wait for the ministry's move.

[Vivek Hegde]

i have got 2 to 3 names approved not matching with eastwhile
authirized capital requirement criteria.... sent from mobile device,
ignore typo errors..

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*Warm Regards

CS Vivek Hegde,B.com, ACS, CWA
Company Secretary in Practice
No. 405, 4th Block, 7th Cross
Koramangala, Bangalore-560034

Mob: 09019756940/09900898223*

[Vighneshwar Bhat]

Dear all,

The earlier capital limit for using the specified words is not applicable. 

Vighnesh
Company Secretary