A private limited company is a legal entity that is owned by shareholders. The shareholders elect a board of directors to run the company. The directors appoint officers who are responsible for the day-to-day operations of the company. The shareholders are not liable for the debts of the company.
A pvt ltd company must have at least one shareholder and can have up to fifty shareholders. The shares of a private limited company cannot be traded on a stock exchange. A Private Ltd Company registration with the Registrar of Companies.
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