Comments on: Kinds of Companies under Companies Act, 2013

By: Pratheesh

Pratheesh — Thu, 11 Feb 2021 08:01:08 +0000

In reply to bbamantra. screenshot knocked your door

By: Darpan Jain

Darpan Jain — Sun, 23 Feb 2020 03:49:54 +0000

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By: Arohi

Arohi — Tue, 26 Feb 2019 04:48:57 +0000

In reply to kritika. It's minimum... The minimum member required for private company is 50 and maximum is 200

By: bbamantra

bbamantra — Tue, 03 Oct 2017 08:24:42 +0000

In reply to Nigo. Thanks for the update

By: Nigo

Nigo — Mon, 02 Oct 2017 18:56:59 +0000

Nice article..
However, the total number of minimum and maximum members in
Private company: minimum 2 members – maximum 50 members
PUBLIC company: minimum 7 members- no maximum number of members

By: mithran

mithran — Sun, 16 Jul 2017 07:12:27 +0000

NICE ESSAY

By: mithran

mithran — Sun, 16 Jul 2017 07:11:48 +0000

nice

By: bbamantra

bbamantra — Tue, 22 Nov 2016 11:33:32 +0000

In reply to kritika.

Hi kritika, we believe this will clear you doubts –

According to Section 2, Clause 68 of Companies Act 2013,
“private company” means a company having a minimum paid-up share capital of one lakh rupees or such higher paid-up share capital as may be prescribed, and which by its articles,— (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: Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purposes of this clause, be treated as a single member: Provided further that— (A) persons who are in the employment of the company; and (B) persons who, having been formerly in the employment of the company, were members of the company while in that employment and have continued to be members after the employment ceased, shall not be included in the number of members; and (iii) prohibits any invitation to the public to subscribe for any securities of the company.”

By: kritika

kritika — Tue, 22 Nov 2016 08:09:13 +0000

the max limit of members in pvt company is 50 and in public company its 200 and you have mentioned it vice versa.

By: bbamantra

bbamantra — Tue, 27 Sep 2016 16:27:25 +0000

In reply to yackobu. To protect our content from misuse, we do not allow users to copy content from our site, But you can always bookmark (CTRL + D) the site for instant access.