i. A company is an artificial person. ii. To form a Public company, there must be minimum of 2 persons/promoters.
State whether the following statements are True or False:
i. A company is an artificial person.
ii. To form a Public company, there must be minimum of 2 persons/promoters.
iii. Promoters are persons who take the necessary steps to set up a company.
iv. Promoters can make secret profits while setting up a company.
v. In India, companies have to be incorporated as per the provisions of the Companies Act, 2013.
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