AIBE Prep › Papers › AIBE XI — December 2017 › Q.64
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Q.64
Company Law Medium Knowledge-Based
Bare Act Companies Act, 2013 · Section 3

The Minimum number of persons required to incorporate a Public Company is:

A 5
B 10
✓ 7 Answer
D 2
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Explanation & Strategy

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The minimum number of persons required to incorporate a Public Company is 7 members. For a Private Company, it is 2 members. For a One Person Company (OPC), it is 1 member. These are prescribed under Section 3 of the Companies Act, 2013.

At a Glance
Subject Company Law
Difficulty Medium
Act Companies Act, 2013
Section Section 3
Answer (C) Knowledge-Based
Paper AIBE XI — December 2017
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📖 Open Book — Reading Mode Companies Act, 2013