Minimum number of members required to apply for incorporation Certificate in a Public Ltd. Company is:

Option A: 7

Option B: 3

Option C: 2

Option D: 50

Correct Answer

Option: a

Explanation

Section 3(1)(a) of the Companies Act, 2013 which deals with Formation of com pany provides that a company may be formed for any lawful purpose by (a) seven or more persons, where the company to be formed is to be a public company.

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