Under section 2(68) of the Companies Act, 2013, a private company other than a One Person Company…
Section 2(68)(ii) limits a private company, other than a One Person Company, to "200" members, with statutory counting rules. Joint holders count as one member, and…
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Under section 2(68) of the Companies Act, 2013, a private company other than a One Person Company generally limits the number of its members to:
Answer and explanation
Correct answer C
Section 2(68)(ii) limits a private company, other than a One Person Company, to "200" members, with statutory counting rules. Joint holders count as one member, and qualifying employee-members and former employee-members are excluded from the ceiling.
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