Differntiate between private company and public company on the basis of a) quorum b) share transferability c) minimum paid up capital d) minimum numbers of director
Answers
Answered by
0
Explanation:
शेयर ट्रांसफर बिल्डिंग
Answered by
2
Answer:
Everything you need to know about the key differences between public company and private company. Public Company means which is formed with minimum of seven members and three Directors. There is no restriction on maximum number of members.
The name of the company shall end with the word ‘Limited’ which is not a private company. Public Limited Company means a Company which is not a private limited Company and has a minimum Authorized Capital of Rs. 5 Lakhs.
It does not carry the word ‘private’ in its name and also do not have the restrictions as carried out in the private limited companies. A Private Company which is subsidiary of Public Company also functions as Public
Similar questions