Law · Company Law
Which of the following statements regarding companies is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Private limited companies are permitted to offer their shares to the general public.
- 2A private limited company must always have a minimum of two shareholders at all times.
- 3The company secretary of a public limited company must hold requisite professional qualifications or experience.✓
- 4The shares of all public limited companies must be listed on a recognized stock exchange.
Correct answer
The company secretary of a public limited company must hold requisite professional qualifications or experience.
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