Q141
The maximum number of members in case of private limited company is _________.
A.
10
B.
20
C.
50
D.
200
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
In case of private companies, the maximum limit has been increased by the new Companies Act, 2013 from 50 to 200. There is however no maximum limit on the no. of members in a public company.