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drishti shah   21 July 2020

Private Limited Company

How much capital is required to form private company and can all the partners run the company and simultaneously do job in another organization ?


Quick Summary
To establish a Private Limited Company, you'll need a minimum of Rs 1 lakh in share capital and at least two directors. These directors are essentially shareholders with non-transferable shares. Importantly, directors can indeed hold other jobs simultaneously while serving as a director for the private limited company.

 2 Replies

Gaurav sharma   22 July 2020

Minimum capital required for pvt company is 1 lakhs rupees, in company you will be called director and min 2 director required and you can also do other jobs

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     22 July 2020

Regulations governing private limited companies originate in the Companies Act. A minimum of two shareholders with non-transferable shares (and a maximum of 200) with a minimum share capital of Rs 100,000 (approximately US$1,500) is required to form a private limited company.


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