The Maximum Number of Members in a Private Limited Company is

By BYJU'S Exam Prep

Updated on: November 9th, 2023

The maximum number of members in a private limited company is 200, in India. The Companies Act, 2013, which is the Regulation Act of Private Limited Companies, declared that the maximum number of members in a private company should be two hundred. A company with only one member is known as a One Person Company.

Maximum Members in a Private Limited Company

The Ministry of Corporate Affairs regulates all private limited companies in India and frequently issues notices, circulars, and notifications to companies. Out of the total, about 93% of all the companies are registered as Private Limited.

As per the Companies Act, 2013, 200 maximum members are allowed in a Private Limited Company. If a company has only one registered member, it will be known as a one-person company. In India, all private limited companies are governed by the Ministry of Corporate Affairs and regulated under the Companies Act 2013.

  • A Private Limited Corporation can smoothly be transferred or sold to another company or individual.
  • This can be done either completely or partially as per the need.
  • Private Limited Companies are considered to be suitable for equity financing.

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