13/12/2017 Other Services
INDIAN LEGALS PRIVATE LIMITED COMPANY
A ❛Private Limited Company❜ is a ❛Limited Liability company❜ which formed with Minimum capital as may be descriebed by the Articles and have:
Minimum 2 directors and maximum 20 directors.
No minimum paid up capital is required
Which has a advantage of limited liability which is not in Proprietorship or Partnership firm where owners have unlimited liabile for the losses of business
Number of members is limited up to 100
Only Friends & relatives can become members in private limited company.
Very less restriction and requirement comparatively to public limited company.
In this today era of business we have seen that banks,financial institution and Investors are interested to fund those businesses which works as a Private Limited Company.
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