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Company Accounts
Members — Minimum — Private Ltd / Public Ltd?
Private Ltd: 2; Public Ltd: 7
What is the governing legislation for companies in India?
Companies Act, 2013 governs all Indian companies.
Members — Maximum — Private Ltd / Public Ltd?
Private Ltd: 200 (except OPC); Public Ltd: No limit
What is the defining feature of 'perpetual succession' in a company?
Company survives death or insolvency of any shareholder.
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