Under the Companies Act, 2013, the minimum number of persons required to form a private company (other…
Under Section 3(1)(b) of the Companies Act, 2013, a private company may be formed by "2" or more persons; only a One Person Company under Section 3(1)(c) can be formed by…
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Under the Companies Act, 2013, the minimum number of persons required to form a private company (other than a One Person Company) is ______
Answer and explanation
Correct answer B
Under Section 3(1)(b) of the Companies Act, 2013, a private company may be formed by "2" or more persons; only a One Person Company under Section 3(1)(c) can be formed by "1" person, while a public company needs "7".
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