The Minimum number of persons required to incorporate a Public Company is
Under Section 3(1)(a) of the Companies Act, 2013, a public company may be formed for any lawful purpose by "7 persons" or more subscribing their names to a memorandum and…
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The Minimum number of persons required to incorporate a Public Company is
Answer and explanation
Correct answer C
Under Section 3(1)(a) of the Companies Act, 2013, a public company may be formed for any lawful purpose by "7 persons" or more subscribing their names to a memorandum and complying with the registration requirements, whereas a private company needs "2 persons".
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