QUERY

COMPANY CAN NOT FORM WITHOUT FULFIL MINIMUM 2 MEMBERS LIMIT
 

I mean 2 say after incorporation by abiding the legal requirements at a future date the private company falls short of this criteria, what will happen then?

AFTER SIX MONTHS THE COMPANY  WILL AUTOMATICALY DISSOLVED IF THIS CRITERA IS NOT FULFILED.

 Hi

The reduction of number of members below the legal minimum is a ground for the winding up of the company.

Also Liability of member/s who are aware of this situation will be unlimited throughout this period.

Regards