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    Question

    Maximum no. of members in case of private company is

    A 50 Correct Answer Incorrect Answer
    B 100 Correct Answer Incorrect Answer
    C 150 Correct Answer Incorrect Answer
    D 200 Correct Answer Incorrect Answer

    Solution

    Section 2(68) of Companies Act: โ€œPrivate companyโ€ means a companyย ย  having a minimum paid-up share capital as may be prescribed, and which by its articlesโ€” (i) restricts the right to transfer its shares; (ii) except in case of One Person Company, limits the number of its members to two hundred.

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