Minimum number of members to form a private company is _______.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A 2
The minimum number of members needed to form a private company is at least 2 members. The minimum number of members needed to form a Public Company is at least 7 members. The Maximum number of members in a Private Company is restricted to 200. The Public Company have no restriction on a maximum number of members.

Suggest Corrections

Similar questions

Minimum number of members to form a private company is

(a) 2

(b) 3

(d) 7

Minimum number of members to form a public company is

(a) 5

(b) 7

(d) 21

Join BYJU'S Learning Program