12/01/2022 Financial & Legal Services
A private limited company is the most prevalent form of company organization in India. To register a private limited company in India, one has to comply with provisions of the Companies Act, 2013. The basic structure of this company form comprises of a minimum of two shareholders and a minimum of two directors. A private limited company abbreviated as PVT Ltd along with the registered name of the company offers certain exceptional advantages to the entrepreneurs over other company organizations including guiding restriction and control over ownership with limited liability and perpetual existence of the business.
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