English

The number of members in a private company are: - Commercial Applications

Advertisements
Advertisements

Question

The number of members in a private company are:

Options

  • Minimum = 5 Maximum = 100

  • Minimum = 2 Maximum = 200

  • Minimum = 7 Maximum = No limit

  • None of these

MCQ
Advertisements

Solution

Minimum = 2 Maximum = 200

Explanation:

A private company must have at least two members and the maximum number of members allowed is 200. This is according to the Companies Act.

shaalaa.com
  Is there an error in this question or solution?
Chapter 4: Ownership Structures - Joint Stock Company - EXERCISES [Page 53]

APPEARS IN

C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 4 Ownership Structures - Joint Stock Company
EXERCISES | Q I. 15. | Page 53
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×