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ujjwal | What is the difference between private limited and limited? |
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 |
 
$ rOhAN $
|
is your question about btwn public ltd and private ltd?
if yes then heres your answer
A public limited company has shares available to buy on the stock market - any member of the public can become a shareholder. A private limited company does not have shares available to the public, it's shareholders are all private. |
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BDG
 |
A corporation which has been incorporated as per Companies Act can be of two types: Private Ltd. wherein the number of shareholders is limited, and not open to public. The second is where shares have been offered to the public, and the company is listed on one of the stock exchanges. Why not refer to a book on Company Law. |
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taparia_raghav
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Private Limited and Limited companu has a lot of diffternces. See below
1. A private limited company can be started with a single memeber max 50, but a public limited company requires at least7 members max is unlimited.
2. The share of Pvt .Ltd company is not transferable other than to its members. But Ltd company can transfer its share to outsiders.
3. Pvt company doesnot require prospctous to issue share. But Ltd company requires Prospectus.
4. A Ltd company needs to print the annual report of its company but it is not required in private company.
There are more than above.
I think you should consult a Business book of 11th
Thats all |
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clone
 |
Private Limited Company can have only 50 shareholders,Its shares are not freely trasnferable, whereas Limited company also known as Public limited company dont have these restrictions.
kk |
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BOND_BOND2001
 |
Private limited company is formed and owned by a few people who invest the money and have a share holding in the company according to the money they have invested. These shares are not listed in the stock market and not tradable.
Now if this company make a public offer, collects money from the public and gives them the shares of the company, it becomes a Limited company. The people who initially started the company will be called the promoters and the people/public who have bought the shares of this company will be called the share holders.. The profits will be shared by all according to the number of shares each hold. The shares of this company can be listed on the stock exchange and are tradable. |
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Orthodox Purushottam Kabra
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In India company law makes distinction between both. Pvt.Ltd. is normally family and friends company where minimum 2 and maximum 49 shareholders can be holding the equity capital. If no. of shareholders is increased it normally has to follow rules and regulations which are applicable to Public limited co. Under the company law rules and regulations to be followed by pvt.ltd. are much less than the public limited company.
Shares of pvt.ltd. are not available on stock exchanges and preference needed to be given to other shareholders while transferring the shares. With permission of existing shareholders shares can be transferred to third party.
Pvt. ltd. co. can be converted to public ltd.co. by due process of law.
Public ltd. can be founded by more than 7 members. Normally public ltd.co. is established where huge capital investment is needed.
This is only broad comparison. There are many other points of differences. |
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*lil miss*
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private ltd is a company that has over 25 directors, owners, shareholders etc the limited means that debts can only b covered thru the dollar value of the shares the company has.
limited means the liability of debts is limited to just the owners of a business. any debts can be recovered thru the sale of personal assets from those shareholders.
this will usually be a small company of 2 - 25 directors, owners, shareholders etc. |
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smita
 |
i recently came across a situation where the comany is actually Pvt Ltd and has no listing on stock excange OR public investment.However its staus is revealed as Public Ltd. company.The reason gven by one of its finace dept. employee was that because of its turnover(which has exceeded the limits of a Pvt Ltd co.) it is a "LTD. company status.I do not understand at all!Any idea on this issue? |
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soundar rajan
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Even thought the information that Samarwfn produced is correct, it does not answer the specific question on hand and this may prove misleading. Samarwfn has made the mistake of commenting on the private and publics sectors rather than private and public limited companies. Both types of limited companies are in the private sector. Private limited companies can only sell there shares in private (hence the name) which is why they are usually owned within a family. Public limited companies, on the other hand, can advertise their shares freely so anyone can purchase them. However, they also have to publish documents regarding information such as their turnover |
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