Registered with a minimum of two people, Private Limited Company is the simplest and most popular form of Business Registration in India. Given its advantages, startups and businesses with higher growth aspiration popularly choose Private Company as a suitable business structure.
Although the business entity gets recognized as a Company, the liability of each member is limited to the number of shares respectively held by them. Moreover, the company’s status remains unaffected from any change in members and management. Shares of Private Limited Company cannot be publicly traded.
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