Dear Neha, As per Companies Act, 1956, broadly there can be two types of Companies viz.,Public Limited and Private Limited.The minimum number of members required to form a private company is 2, whereas a Public Company requires at least 7 members [Refer Section 3(1)(iii) and Section 3(1)(iv)of Companies Act, 1956]. Further, Section 25(1) of the Companies Act provides that where it is proved to the satisfaction of the Central Government that an association (a) is about to be formed as a limited company for promoting commerce, art, science, religion, charity or any other useful object, and (b) intends to apply its profits, if any, or other income in promoting its objects, and to prohibit the payment of any dividend to its members,the Central Government may by licence, direct that the association may be registered as a company with limited liability, without the addition to its name of the word “Limited” or the words “Private Limited”. Thus, the number of members required to form a section 25 company depends upon the status of company (i.e. public or private) making an application to the government i.e 2 or 7 as the case may be.

I also agree with the answers given by Mr. ashish and Mr.unmesh, that, the requirement of members in Section 25 company depends on stautus of the company being limited or private limited having 7 or 2 members respectively.

I also agree with the answers given by Mr. ashish and Mr.unmesh, that, the requirement of members in Section 25 company depends on stautus of the company being limited or private limited having 7 or 2 members respectively.