Minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21
According to the law, a minimum of seven members are required to form a public company.
Hence, the correct answer is option (b).
Minimum number of members to form a private company is
(a) 2
(b) 3
(c) 5
(d) 7
A public company requires a minimum of ___ members to form.