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Business Studies

Maslow's Needs Hierarchy

A private com...

Question

A private company cannot have more than _________.

A

250 members including past and present employee members

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B

200 members excluding past and present employee members

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C

500 members excluding past and present employee members

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D

500 members including past and present employee members

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Solution

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.

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Similar questions

Q. A private company means a company which by its articles _______
(i) Restricts the right to transfer its shares
(ii) Limits the number of members to two hundred not including past and present employee
(iii) Prohibits any invitation to the public to subscribe for any security
Select the correct answer from the options given below:

Q. In a private Ltd. co. at the time of incorporation there were 48 members. After than 1 employee joined having 15 debentures and having 2 shares. Did the company Crossed the maximum limit.

Q. In a private Ltd. Co. at the time of incorporation there were 198 members. After that an employee joined having 15 debentures and having 2 shares. Did the company cross the maximum limit ?

Q. Minimum no. of members to be present for a private Ltd. company meeting is ________.

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employees. The company has decided to form a team including atleast three employees and also excluding atleast three employees. Then the number of ways of forming the team is

k,

then unit digit of

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