Start learning →

The minimum number of members is ___ for a private company and ___ for a public company.

A1 and 2
B7 and 2
C2 and 7
D2 and 2
Answer & Solution
Correct answer: C. 2 and 7
A private company needs a minimum of 2 members (an OPC needs 1) and a public company a minimum of 7.
Practise this question with Quill — CA Foundation →

Keep practising Companiesact

Browse all Companiesact questions for CA Foundation, or explore more Businesslaw topics.

Start a Companiesact lesson →