Question

A private company cannot have more than _________.

• A. 250 members including past and present employee members
• B. 200 members excluding past and present employee members
• C. 500 members excluding past and present employee members
• D. 500 members including past and present employee members

Answer 1

The correct option is B 200 members excluding past and present employee members

As per section 2(68) of companies Act 2013, the limit of the number of members of a private company has been increased from 50 to 200 which does not include any of the employees- past or present.