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what is the maximum and minimum limit of accepting deposit from public and member byall company

Fund raising

Posted By: Dheeraj khandelwal 8 year(s) ago

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    Shivam Singhal

1) Eligible Company from its members upto 10% of paid-up share capital, free reserves & security premium account and from any person upto 25% of paid-up share capital, free reserves & security premium account. 2) Government Company upto 35% of paid-up share capital, free reserves & security premium account. 3) Public Company (non-eligible Company) from its members upto 35% of paid-up share capital, free reserves & security premium account. (After Amendment on 29th June, 2016). 4) Private Company from its members upto 100% of paid-up share capital, free reserves & security premium account. (After Notification on 5th June, 2015).

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