Question

Q.List three differences between private company and public company?



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Answer 1

Explanation:

PUBLIC COMPANY PRIVATE COMPANY

A Private company has "Pvt.Ltd" at the end of its name. A Public company has "Ltd" at the end of its name.

Minimum number of members

The minimum number of members needed to form a private company is at least 2 members. The minimum number of members needed to form a Public Company is at least 7 members.

Maximum number of members

The Maximum number of members in a Private Company is restricted to 200. The Public Company have no restriction on a maximum number of members.