In Private Company, member of the company is not less than_________.

Seven

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Ten

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Two

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Eight

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Solution

The correct option is A Two
Minimum 2 and maximum 200 members: A private company can have a minimum of just two members(but just one is enough if it a One Person Company), and a maximum of up to 200 members. Transferability of shares restricted: Private companies cannot freely transfer their shares to the public like public companies.

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