In case of counting the maximum no of members for a private Ltd. Co. _________.

employees are not counted

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employees are counted

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employees and members together make the no of shareholders

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none of the above

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Solution

The correct option is A employees are not counted
A minimum of 2 Directors and 2 Shareholders and the same person can be the Shareholder and Director of the company. A maximum of 200 shareholders are allowed. However, employees of the Company (past and present) who hold shares in the Company will not be considered in the count of 200.

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