Question

As per Companies Act, $2013$ as private company can have ________ members.

• A. $30$
• B. $50$
• C. $100$
• D. $200$

Answer 1

The correct option is D $200$

A private limited company with a minimum of only 2 members (and maximum of 200), as per the provisions of the Companies. The Public limited type of entity limits the owner's liability to their ownership stake, and restricts shareholders from publicly trading shares.