Private company

         As per section 2(68), In private company there are minimum 2 persons as member and maximum 200 members.

  •    A private company should have at least 2 director. 
  • The name of a private limited company must end with the words"Private Limited".
  • Restricts transferability of shares.
  • Prohibits to issue securities to public.
  • Prohibits to acceptance of deposits from public.

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