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Under the Companies Act, 2013, persons in the employment of the company are:

Under the Explanation to s.2(68)(ii), persons currently in the employment of the company who are also members are not counted towards its maximum membership limit, and they…

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Under the Companies Act, 2013, persons in the employment of the company are:

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Correct answer B

Under the Explanation to s.2(68)(ii), persons currently in the employment of the company who are also members are not counted towards its maximum membership limit, and they are certainly not treated as debenture holders or directors merely by being employees.

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