Submitted by Srh11 • December 6, 2019
www.myefilings.com
A Private Limited Company is incorporated under the Companies Act, 2013 and can be privately held by two or more shareholders. A Private Limited Company enjoys the benefits of Limited Liability and Easy Transferability. Most shareholders go for incorporating a private limited company because if the company incurs a loss, the shareholders have the option of selling their shares to recover the loss. Their personal assets remain intact.
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- Category: Legal
- Tags: online company registration, private limited company, pvt ltd company registration