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Minimum paid up capital for a fresh pvt ltd

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(Querist)
18 January 2012 sir/madam,
we want to open a new private ltd. co. , we hear that minimum paid up capital for pvt ltd. is 10 lac , one is another says that minimum cap is 1 lac , what is fact please tell me
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Charu Srivastava

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Charu Srivastava (Expert)
18 January 2012 The minimum paid-up required to form Private Company is 1 Lac.
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Parashar

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Parashar (Expert)
19 January 2012 yes, as on today it is Rs. one lac only.
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