Advantage and disadvantages of private limited company
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Advantages and Disadvantages of Private Limited Company. Restrict the rights to transfer its shares to any person, if any. The number of its member limit is 50. Prohibits any call to the general public to pledge for the shares of the company.
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While owning a private limited company has several advantages, there are some disadvantages associated with it as well, such as the inability to publicly sell shares and limits on growth. ... Growth may be limited by restricting the number of shareholders to 50........
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