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Work At Home Free Classifieds => Post Your Products & Services Here => Topic started by: ajshco on May 17, 2013, 05:20:14 AM

Title: What is a Private and Public Limited Company?
Post by: ajshco on May 17, 2013, 05:20:14 AM

A Private Limited Company is a Company limited by shares in which there can be maximum 50 shareholders, no invitation can be made to the public for subscription of shares or debentures, cannot make or accept deposits from Public and there are restriction on the transfer of shares.

The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is two.


A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The liability of each shareholder is limited to the extent of the unpaid amount of the shares face value and the premium thereon in respect of the shares held by him. The minimum number of shareholders is 7.

Public Limited Company India (http://www.ajsh.in/company-registration-in-india-faqs.php) | Chartered Accountant  (http://www.ajsh.in)| Company Registration in India (http://www.ajsh.in/company-registration-in-india.php)

Title: Re: What is a Private and Public Limited Company?
Post by: gauravh on May 18, 2013, 05:44:02 AM

Thank you for posting such type of informative thread.