Question

Distinguish Between Private Limited and Public Limited Company.

Answer 1

private limited company :-

private limited company is a type of business entity in "private" ownership used in many jurisdictions, in contrast to "public" ownership, with some differences from country to country. Examples include LLC in the US, private company limited by shares in the UK, GmbH in Germany or společnost s ručením omezeným in the Czech Republic.

public limited company :-

public limited company (PLC) is the legal designation of a limited liability company (LLC) that has offered shares to the general public and has limited liability.

Answer 2

Answer:

A public limited company is a company listed on a recognized stock exchange and the stocks are traded publicly. On the other hand, a private limited company is neither listed on the stock exchange nor are they traded. It is privately held by its members only.