पुढील दोन विधानांपैकी कोणते योग्य आहे ?
(a) प्रायव्हेट लिमिटेड कंपनीत कमीत कमी 2 गुंतवणुकदार असू शकतात, पब्लिक लिमिटेड कंपनीत कमीत कमी 11 गुंतवणुकदार लागतात.
(b) प्रायव्हेट लिमिटेड कंपनीत जास्तीत जास्त 50 गुंतवणुकदार असू शकतात, पब्लिक लिमिटेड कंपनीत ही संख्या कितीही असू शकते.

The correct answer is Option B (Only (b)).

Key Points:
• Provisions of the Companies Act (Historical Context - Act 1956):
• Minimum Members Requirement:
• Under the Indian Companies Act, a Private Limited Company requires a minimum of 2 members.
• A Public Limited Company requires a minimum of 7 members (not 11).
• Therefore, statement (a) is incorrect.
• Maximum Members Requirement:
• Under the Companies Act, 1956, the maximum number of members in a private company was limited to 50 (excluding employee members), whereas for a public company, there is no upper limit on the number of members.
• Therefore, statement (b) correctly portrays the conventional regulatory benchmark framed by the exam authority.
• Note: Companies Act, 2013 raised the limit of private company members from 50 to 200.
• Key Takeaway: A public company requires at least 7 members with no upper limit, while traditionally a private company needed minimum 2 and maximum 50 members.