Which of the following is not a characteristic of a "private company" as defined under Chapter I of the Companies Act, 2013?
1
Restricts the right to transfer its shares.
2
Limits the number of its members to 200.
3
Prohibits any invitation to the public to subscribe for any securities
4
Requires a minimum paid-up share capital of one lakh rupees.
5
Must have at least two directors.