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The 2013 Companies Act has increased the limit of the number of members in Private Company from 50 to

The Companies Act, 2013 raised the maximum number of members of a private company from 50 to "200". Section 2(68) defines a private company as one that by its articles…

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The 2013 Companies Act has increased the limit of the number of members in Private Company from 50 to

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The Companies Act, 2013 raised the maximum number of members of a private company from 50 to "200". Section 2(68) defines a private company as one that by its articles restricts the right to transfer its shares, limits its members to two hundred (excluding present and past employee members) and prohibits any invitation to the public to subscribe for its securities.

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