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Difference between public company and private …

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Difference between public company and private company

Posted by Amit Singh 5 years ago

CBSE > Class 11 > Business Studies

2 answers

Sufia Barbhuiya 5 years ago

Chup

Gaurav Seth 5 years ago

<th>BASIS FOR COMPARISON</th> <th>PUBLIC COMPANY</th> <th>PRIVATE COMPANY</th>

Meaning	A public company is a company which is owned and traded publicly	A private company is a company which is owned and traded privately.
Minimum members	7	2
Maximum members	Unlimited	200
Minimum Directors	3	2
Suffix	Limited	Private Limited
Start of business	After receiving certificate of incorporation and certificate of commencement of business.	After receiving certificate of incorporation.
Statutory Meeting	Compulsory	Optional

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