On the basis of the number of members, companies can be divided into:(A) Unlimited Company(B) Public Company(C) Private Company(D) One Person Company (OPC)Choose the correct answer from the options given below:
- A(A), (B) and (D) only
- B(A), (B) and (C) only
- C(A), (B), (C) and (D)
- D(B), (C) and (D) only
Solution & Step-by-step Explanation
Under the Companies Act, 2013, classification specifically by the number of members divides companies into:One Person Company (1 member)Private Company (Minimum 2, Maximum 200 members)Public Company (Minimum 7, Maximum unlimited members)An "Unlimited Company" is classified based on the liability of its members, not by the count of its membership pool. Hence, (B), (C), and (D) only apply.