Private Limited Company is that type of company that offersLimited Liability or legal Protection to its shareholder. Private Limited
Company in India lies somewhere in between a partnership firm and a widely
owned public company. It can be registered with a minimum of two people. A
person can be both a director and shareholder in a Private Limited Company.
The liability of the members of a Private Limited Company islimited to the number of shares held by them. A private Limited company in
India can start its business after getting the certificate of incorporation. It
can be incorporated within 15 working days.
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