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subscriber of MOA

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(Querist)
25 February 2010 how many minimum no of subscriber of MOA of Public ltd co required.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 February 2010 Section 12 (1) of the Companies Act,1956 says, seven persons.
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Ankur Garg

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Ankur Garg (Expert)
25 February 2010 Agree with Sir.

Minimum number of subscribers for a public company are 7 and a private company are 2 as desired by section 12.

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