Difference between of public company and private company & lifting of corporate veil ( with Definition , Features & types with examples )
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public company : -
- A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets..
PRIVATE COMPANY : -
- A private company, also known as a privately held company or close corporation, is a business whose shares are not traded in a stock market, as opposed to a public company. A private company's shares are offered, owned and traded/exchanged privately. ... Employees may also own shares in a private company.
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