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The maximum number of shareholders in a public liability company is

The maximum number of shareholders in a public liability company is

  • A.
    One hundred
  • B.
    Unlimited
  • C.
    Fifty
  • D.
    Twenty
Correct Answer: Option B
Explanation

To start a company, a minimum number of 7 members are required and no restrictions on maximum number of members as per the provisions of the Companies Act, 2013.

members are unlimited