Business Studies, asked by JnrBeatz9620, 9 months ago

Distinguish between private limited company and public limited company

Answers

Answered by Mayank9313100903
4

Answer:

private companies owned by single ownwer only to earn profit not for public welfare

public lim. companies owned by govt. only for welfare of the society

Answered by DeshnaChakraborty
6

Private Limited

  • Minimum members is 2
  • Minimum directors is 2
  • Minimum capital is 100000

Public limited

  • Minimum members is 7
  • Minimum directors is 3
  • Minimum capital is 500000
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