Under Section 3(1)(b) of the Companies Act, 2013, the minimum number of members required to form a…
Under Section 3(1)(b) of the Companies Act, 2013 (formerly Section 12 of the Companies Act, 1956), a private company (other than a One Person Company) may be formed by "2"…
Choose your answer
Under Section 3(1)(b) of the Companies Act, 2013, the minimum number of members required to form a private company (other than a One Person Company) is:
Answer and explanation
Correct answer A
Under Section 3(1)(b) of the Companies Act, 2013 (formerly Section 12 of the Companies Act, 1956), a private company (other than a One Person Company) may be formed by "2" or more persons, whereas a public company requires a minimum of 7 members.
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