Minimum Paid-up Share Capital in Case of a Public Company
The minimum paid-up share capital required in case of a public company is 5 Lakhs. This means that the company must have at least 5 Lakhs worth of shares issued and paid for by its shareholders.
Here are the key points to remember about the minimum paid-up share capital for a public company:
1. Definition: A public company is a type of company that offers its shares to the general public and is listed on a stock exchange.
2. Legal Requirement: As per the Companies Act, 2013, a public company must have a minimum paid-up share capital of 5 Lakhs or such higher amount as may be prescribed.
3. Memorandum of Association: The Memorandum of Association of a public company must specify the amount of share capital with which the company is registered. This amount should be at least 5 Lakhs.
4. Capital Structure: The share capital of a company is divided into shares of fixed value. The shareholders of the company contribute towards this share capital by purchasing shares.
5. Importance of Paid-up Share Capital: The paid-up share capital represents the actual amount of money that has been paid by the shareholders for the shares they hold. It is an important indicator of the financial strength and stability of a company.
6. Utilization: The paid-up share capital can be utilized by the company for various purposes such as business expansion, investment in assets, repayment of debts, and meeting working capital requirements.
In conclusion, the minimum paid-up share capital in case of a public company is 5 Lakhs. This requirement ensures that the company has a sufficient financial base to operate and meet its obligations to the shareholders and other stakeholders.

Minimum Paid Up Share Capital for Public Company
In the case of a public company, the minimum paid-up share capital required is 5 Lakhs.

• Definition of Paid-up Share Capital: Paid-up share capital is the amount of money a company has received from shareholders in exchange for shares of stock. It is the amount of money that the company has actually received from shareholders for the shares they have issued.
• Requirement for Public Companies: Public companies are required to have a higher minimum paid-up share capital compared to private companies. This requirement is set to ensure that public companies have sufficient capital to meet their financial obligations and protect the interests of their shareholders and other stakeholders.
• Minimum Paid-up Share Capital for Public Companies: As per the Companies Act, 2013, the minimum paid-up share capital required for a public company is 5 Lakhs. This capital is essential for the smooth functioning of the company and to demonstrate its financial strength and stability to investors, creditors, and other stakeholders.
• Importance of Minimum Paid-up Share Capital: Having a minimum paid-up share capital requirement helps to prevent companies from being incorporated with insufficient capital, which can lead to financial instability and increase the risk of default. It also helps to ensure that companies have a solid financial foundation to support their operations and growth.
• Compliance: Public companies must comply with the minimum paid-up share capital requirement as stipulated by the Companies Act, 2013. Failure to meet this requirement can result in penalties, fines, and even the possibility of deregistration.