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Companies Act Section 3. Formation of company: (1) 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; (b) two or more persons, where the company to be formed is to be a private company; or (c) One Person, where the company to be formed is to be One Person Company that is to say, a private company, by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration.
Of the four given options, choose the most appropriate one.
Directions : In the question given below, a sentence is given with three words in bold. Three answer choices are given giving replacements to the words ...
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