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Regulation on Capital raising by start up companies |
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15-3-2016 | ||||||||||||||||
Press Information Bureau Government of India Ministry of Corporate Affairs 15-March-2016 18:01 IST The term “Start up” is neither defined in the Companies Act, 2013/1956 nor in the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. However, the number of newly registered companies along with their authorized capital for the last three years and current year upto December, 2015, is given below:
This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today. ***** DSM/KA
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