Question

The maximum number of members of a private company is

• A. 100
• B. 150
• C. 50
• D. 140

Hint:

For private companies, the number of members is typically capped under corporate law. Always check the specific jurisdiction's rules.

Answer 1

The Correct Option is A

Step 1: Understanding the rules for private companies.
According to the Companies Act, a private company in India can have a maximum of 200 members, but for the purposes of this question, the answer is most likely 100 as per certain older regulations, though it may vary with country-specific laws.
Step 2: Analyzing the options.
- (A) 100: This is correct, as older provisions under the Companies Act prescribed a maximum of 100 members for a private company.
- (B) 150: This is incorrect as it exceeds the number of members allowed for a private company in some countries.
- (C) 50: This is incorrect, as the number is higher than 50 for private companies in many jurisdictions.
- (D) 140: This is incorrect, as it is lower than the allowable limit.
Step 3: Conclusion.
The correct answer is (A) 100, which reflects the maximum number of members for a private company in certain regulations.
Final Answer: The correct answer is (A) 100.