KASNEB CS21 Practice Questions - KASNEB Certified Secretaries (CS) Intermediate - Company Law (CS21) Exam

A private company under the Companies Act, 2015 is identified by which features in its articles?

Restrictions on share transfers, a member limit of fifty, and no public share offers A minimum of seven subscribers at incorporation An obligation to list on the Nairobi Securities Exchange Unlimited liability of all members

Correct Answer:

Restrictions on share transfers, a member limit of fifty, and no public share offers

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