The Companies Act, 2013 prescribes the maximum number of ______________ as 200 for a private company.
Options
AShareholders
BDirectors
CAuditors
DEmployees
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Companies Act General ClausesMCQQuestion 5734 of 6
All Questions Correct Answer
✅ Option A — Shareholders
All Options:
- AShareholders ✓
- BDirectors
- CAuditors
- DEmployees
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Detailed Solution & Explanation
According to Section 2(68) of the Companies Act, 2013, a private company means a company which has a minimum paid-up capital of one lakh rupees or such higher capital as may be prescribed and which by its articles, restricts the right to transfer its shares, if any, and except in case of One Person Company, limits the number of its members to two hundred.
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