Question

Name the company that does not require index of members.
(a) Public company (b) Private company
(c) Joint Stock company (d) Cooperative society

Answer 1

Answer:

A private company doesn't require index of members.

Answer 2

Name the company that does not require index of members.

b) Private company.

Explanation:

• A private company has a privilege over the public company as it don't have to keep an index of its members.

• Whereas the public company is required to maintain an index of its members.

• The liability of the members of a Private Company is limited to the amount of shares respectively held by them.

• The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them.