Differences between Pvt. Limited Company and Public Limited Company

Differences between Pvt. Limited Company and Public Limited Company

Stock Market Training Courses in Hyderabad

Differences  between Pvt. Limited Company and Public Limited Company as below: 

Basis for Comparison Public Limited Company

Private Limited Company

Meaning A public company is a company which is owned and traded publicly. A private company is a company which is owned and traded privately.
Minimum members 7 2
Maximum members Unlimited 200
Minimum Directors 3 2
Minimum paid up capital Rs. 5 Lakh Rs. 1 Lakh
Suffix Limited Private Limited
Start of business After receiving certificate of incorporation and certificate of commencement of business. After receiving certificate of incorporation.
Statutory Meeting Compulsory Optional
Issue of prospectus / Statement in lieu of prospectus Obligatory Not required
Public subscription Allowed Not allowed
Quorum at AGM 5 members must present in person. 2 members must present in person.
Transfer of shares Free Restricted

 

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