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What is the difference between " Public Ltd." "Pvt Ltd."
"Paternship Firm", "Properitorship Firm"? Give
detail information of this?
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Answer Posted / vijay007in
Properitorship Firm:
Capital source and investment from one head he called as
properitor and his reponsibility is unlimited(if loss
happend in business he has to settle from his own source)
Patnership Firm:
with or without Capital source and investment from morethen
one head they called as partners and their reponsibility is
unlimited(if loss happend in business they have to settle
from their own source)
Pvt Ltd :
Capital source and investment from seven and above (max 50)
head their consern called as pvt ltd and their
reponsibility is unlimited(if loss happend in business they
have to settle from their own source)
Public Ltd:
Issued the shares to public for Capital source called as
ltd co or Public ltd and their reponsibility is limited up
to their share value only.
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