Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
The minimum and maximum number of members required to form a private company as per Companies Act, 2013 are:
Options:
2 and 50
7 and no limit
2 and 200
7 and 200
Correct Answer:
2 and 200
Explanation:
A private limited company with a minimum of only 2 members (and maximum of 200), as per the provisions of the Companies Act 2013.