According to sec. 2(68) of the Companies Act, 2013 a private limited company is one which by its article of associations __________.
A
restrict the rights of the members to freely transfer the shares
B
limit the number of members to 200
C
prohibit an invitation to the public to subscribe for its share
D
all of the above
Hard
Open in App
Solution
Verified by Toppr
Correct option is D)
As per section 2(68) of companies act, 2013 "private company" means a company having a minimum paid-up share capital of one lakh rupees or such higher paid-up share capital as may be prescribed and restrict any invitation to the public to subscribe for any securities of the company having maximum of 200 members.