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easyMCQCUET Accountancy 2025 22 May Shift 22026Accountancy
1 mark

Which company must have at least two members?

  1. A
    Public company
  2. B
    OPC
  3. C
    Private Company
  4. D
    Holding company

Solution & Step-by-step Explanation

Statutory membership thresholds according to the Companies Act, 2013 are:One Person Company (OPC): Exactly 1 member.Private Company: Minimum 2 members, maximum 200 members.Public Company: Minimum 7 members, no maximum limit.Therefore, a Private Company requires at least two members.

Practice this question

Try it yourself before checking the explanation above.

Which company must have at least two members?
A
Public company
B
OPC
C
Private Company
D
Holding company

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