What is the maximum number of members in a private company? |
7 20 200 No limit is prescribed |
200 |
Private Company: A private company is one which by its articles: (a) Restricts the right to transfer its shares; (b) A private company must have at least 2 persons, except in case of one person company; (c) Limits the number of its members to 200 (excluding its employees) |