Question

Good Homes Ltd. was registered as a public company with 205 members as follows :
No. of members
Directors and their relatives
45

Employees
12

Ex-employees
08

(shares were allotted when they were employees)


Others
140

Total number of members
205


Board of directors of the company takes a decision to convert the company into a private company. Being a legal advisor, the Board of directors seeks your advice about the steps to be taken for conversion of the company into a private company including reduction in the number of members, if necessary, as per the Companies Act, 2013. Advise the Board.[hint : no reduction required]​

Answer 1

Answer:

so sorry bro i don't knowo