Examveda
Examveda

The minimum number of shareholders in a public limited company is __________.

A. 2

B. 3

C. 5

D. 7

Answer: Option D

Solution(By Examveda Team)

Section 3 of companies act 2013 (1) A company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company; (b) two or more persons, where the company to be formed is to be a private company; or (c) one person, where the company to be formed is to be One Person Company that is to say, a private company, by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration

This Question Belongs to Commerce >> Business And Commerce

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