The paid up share capital of 'One Person Company' cannot be more than :
(
This question was previously asked in
Shift 11/06/2023 3:30 PM - 6:30 PM
A
Rs 50 Laks
B
Rs 1 crore
C
Rs 1.5 crore
D
Rs 2 crore
Correct Answer
Rs 50 Laks
Detailed Explanation
The paid-up share capital of a "One Person Company" (OPC) in India cannot be more than Rs 50 lakhs. Therefore, the correct option is:
(1) Rs 50 lakhs
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