The minimum number of subscribers of a public Ltd company is
The Companies Act requires a minimum of seven persons to subscribe to the memorandum to form a public company, unlike a private company which needs only two; twenty, five,…
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The minimum number of subscribers of a public Ltd company is
Answer and explanation
Correct answer B
The Companies Act requires a minimum of seven persons to subscribe to the memorandum to form a public company, unlike a private company which needs only two; twenty, five, or ten subscribers are not the statutory minimum for a public company.
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