TaxTMI 
TaxTMI 
dear sir, how much authorised capital required for NBFC under companies act. where from i can know it.
Authorised Capital - NBFC Companies
23 Jun 2009 
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Authorised capital requirement for non-banking financial companies clarified; specifies a statutory minimum under the Companies Act.
Authorised capital requirement for companies acting as non-banking financial companies (NBFCs) under the Companies Act is stated as a statutory minimum of Rs. 2 crore, presented as the compliance benchmark for corporate authorised capital requirements. (AI Summary)
Authorised capital requirement for companies acting as non-banking financial companies (NBFCs) under the Companies Act is stated as a statutory minimum of Rs. 2 crore, presented as the compliance benchmark for corporate authorised capital requirements. (AI Summary)