Question:

These are the privileges to a private company:
(A) Only 2 members are required to form
(B) Only 2 directors are required to constitute the quorum 
(C) Shares can be transferred without consulting members 
(D) They can start business immediately after incorporation 
Choose the correct answer from the options given below:

Updated On: Apr 26, 2024
  • (A), (B) and (C) only
  • (B), (C) and (D) only 
  • (A), (C) and (D) only
  • (A), (B) and (D) only
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The Correct Option is D

Solution and Explanation

The correct answer is option (D) :
(A), (B) and (D) only
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