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Home News News and Press Release Month 3 2016 2016 (3) This

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Regulation on Capital raising by start up companies

15-3-2016

Contents

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:

Year	Number of Newly Registered Companies	Authorized Capital (in Rs Crore)
2012-13	92383	57536.61
2013-14	98437	38873.83
2014-15	64395	31830.72
2015-16 (As on 31^st December)	60489	11985.97

This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha today.

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