A private company should have a minimum paid-up capital or Rupees _________.

According to the Companies Act, 2013, every company has to give a declaration to the Registrar of Companies (RoC), stating its paid-up capital is not less than Rs. 5 lakh in the case of public companies (the listed ones, as well as those that have raised money from the market through debt); and not less than Rs. 1 lakh in the case of private companies. This declaration is necessary for obtaining a commencement certificate for business.