minimum members

Dear Naveen Aggarwal,

Under the Companies Act, 2013, there is no such provision if in public company the number of members reduced from minimum statutory limit. 

But if it happens then it is advisable to increase the number the numbers of members to 7 within 6 months.

Thanks and Regards

CS Divyam Parbhakar

Practicing Company Secretary 

Divyam Parbhakar & Associates

Mobile No: - 9877620329, 8699630920

Email: Divyamparbhakar @ gmail.com

Add: 2nd Floor, Sohan Complex, Backside BSNL Exchange,

Near Bharat Nagar Chowk, Mall Road,

Ludhiana – 141001(PB)

There is no such provision in Companies ACT, 2013

It is advisable to Comply with minimum Limit asap.