Question

distinguish between private company and public company on the basis of members and paid up capital

Answer 1

Hey mate ✌️✌️


☑️PRIVATE COMPANY.

On the basis of Number of members ⤵️⤵️⤵️

MINIMUM -2

MAXIMUM-200(AS PER COMPANIES ACT,2013)

On the basis of minimum paid up capital ⤵️ ⤵️⤵️⤵️⤵️⤵️

ONE LAKH RUPEES.


☑️ PUBLIC COMPANY.

On the basis of Number of members ⤵️⤵️⤵️⤵️⤵️

MINIMUM-7

MAXIMUM-NO LIMIT.

On the basis of minimum paid up capital ⤵️ ⤵️⤵️⤵️⤵️⤵️

FIVE LAKH RUPEES.


✨ HOPE THIS HELPS YOU ✨

Answer 2

Hey mate ✌️✌️
distinguish between private company and public company on the basis of members and paid up capital