Question

different between private company and public company

Answer 1

Private company is that company which is owned and regulated by the private persons
___________

Public company is that company which is owned and regulated by the government
___________



Private company main motive is to earn the profits.
Public company main motive is to provide service to general public.


Private company started with minimum 2 members.
Public company started with minimum 7 members.

Private company contain 2 directors.
Public company contain 3 directors.

Private company easily transfer their shares.
Public company find difficulty in transfer their shares..

Private company e. g Flipkart, Amazon.
Public company e. g Railways, Telecommunications

Private company has restrictions to invite general public.
Public company has no restrictions on this.


Without MOA, Private company may be registered.
Without MOA, public company can't registered

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Answer 2

Answer:

Explanation:

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