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Section 11
Paid-up capital of public companies
: (1) Unless otherwise stipulated in the prevailing law or by the Government of Nepal by publishing a notice in the Nepal Gazette, the paid-up capital of a particular company must be higher. The paid-up capital of a public company must be at least one crore rupees. (2) Notwithstanding anything written in sub-section (1), a public company which does not have the paid-up capital mentioned in the said sub-section at the time of commencement of this Act shall maintain the capital as per sub-section (1) within 22nd of Ashwin 2065.