Business Studies, asked by pksingh8598, 1 year ago

Does private limited company have limited liability

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Answered by niharika777
0
A private limited company, or LTD, is a typeof privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded. A company becomes an independent legal structure when it incorporates.
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