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Types of company and their features

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Types of company and their features

Posted by Rudra Prasad Malla 6 years, 3 months ago

CBSE > Class 11 > Business Studies

2 answers

Yogita Ingle 6 years, 3 months ago

Private Co.	Public Co.
It has minimum 2 and maximum 50 members.	It has minimum 7 and maximum unlimited.
It cannot invite general public to buy its shares and debentures.	It invites general public to buy its shares and debentures.
There are certain restrictions on transfer of its shares.	Its shares are freely transferable.
It can commence business after incorporation.	It can commence business after obtaining certificate of commencement of business.
It has to write Private Ltd. After its name Ex- Tata Sons, Citi Bank, Hyundai Motor India.	It has to write only limited after its name Ex- Reliance Industries Ltd., Wipro Ltd. , Raymond’s Ltd.
In its minimum capital required is one lakh.	In its minimum capital required is five lakhs.

Dheeraj Solanki 6 years, 3 months ago

Company has for types

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