Explanation:

Correct Option: 3

Explanation:

• A public company requires a minimum of seven members to be registered under the Companies Act, 2013.
• This is one of the basic criteria for forming a public company.
• In contrast to a private company, which can be formed with as few as two members, a public company needs a larger number of members to ensure a broader participation in its governance and operations.
• Additionally, there is no upper limit on the number of members in a public company, unlike a private company, which can have a maximum of 200 members.