Question

State 2 difference between a public limited and private limited company ?

Answer 1

Explanation:

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

Answer 2

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A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It's stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.

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A 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.

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1. A public limited company is a company listed on a recognised 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.
2. Public limited company can be transferred without any restrictions on a stock exchange. Whereas, A private limited company can never call in the public to buy its shares or debentures. It can also not accept deposits from the public other than its owners, directors or their relatives.

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