Question

privilages of private company​

Answer 1

Answer:

Members: A private company can be started by two persons only, whereas seven persons are required to start a public company. ...

Commencement of business: A private company can commence business immediately after its incorporation. ...

Prospectus: ...

Statutory meeting: ...

Directors: ...

Shares: ...

Transfer of shares: ...

Accounts:

Explanation:

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Answer 2

Answer:

• Members: A private company can be started by two persons only, whereas seven persons are required to start a public company
• Commencement of business: A private company can commence business immediately after its incorporation
• Prospectus
• Statutory meeting
• Directors
• Shares
• Transfer of shares
• Accounts

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