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difference between limited and private limited
Description: The key difference between a Limited (Public Limited) Company and a Private Limited Company lies in ownership, capital, and regulatory requirements. A Private Limited Company is privately owned, restricts share transfers, and can have a maximum of 200 shareholders, making it ideal for startups and small businesses. In contrast, a Public Limited Company (Ltd.) can offer shares to the public through stock exchanges, requires a minimum of 7 shareholders, and must follow stricter compliance norms under the Companies Act, making it suitable for large-scale businesses looking to raise capital from the public.
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