what is the difference between public ltd company and
private ltd company?
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Answer Posted / shyamsunder reddy,g
Public Limited Company Private Limited Company
1 Minimum number of members are 7. Minimum
number of members are 2.
2 Maximum number of members are unlimited.
Maximum number of members are 50.
3 Minimum directors are 3. Minimum directors
are 2.
4 After getting business commencement certificate
they can do business. Can start business after
incorporation.
5 Public Limited Company can go for public issue.
Private Limited Company shall not issue its shares
to outsiders.
| Is This Answer Correct ? | 117 Yes | 17 No |
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