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Under the Companies Act, 2013, the paid-up share capital of a small company shall not exceed:

Under s.2(85)(i), as amended, a small company's paid-up share capital must not exceed "fifty lakh rupees or such higher amount as may be prescribed which shall not be more…

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Under the Companies Act, 2013, the paid-up share capital of a small company shall not exceed:

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Correct answer A

Under s.2(85)(i), as amended, a small company's paid-up share capital must not exceed "fifty lakh rupees or such higher amount as may be prescribed which shall not be more than ten crore rupees". The two crore and hundred crore figures are the turnover limits in s.2(85)(ii), and five crore was the ceiling for paid-up capital before the amendment.

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