state the different between private and public company in term of transfer of share
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Public Company means which is formed with minimum of seven members and three Directors. There is no restriction on maximum number of members. ... Private Company means a company which by its articles of association restricts the right of members to transfer its shares. Limits the number of its members to fifty.
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Public Company means which is formed with minimum of seven members and three Directors. There is no restriction on maximum number of members. ... Private Company means a company which by its articles of association restricts the right of members to transfer its shares. Limits the number of its members to fifty.
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