Minimum number of members in case of private company is ____________.
A
1
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
2
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
3
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
5
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B2 A private limited company with a minimum of only 2 members (and maximum of 200), as per the provisions of the Companies Act 2013. Limited liability: The liability of each shareholder or member is limited.