write any five difference between private and public company
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Explanation:
Public Company vs Private Company Comparison Table. A Public Company is owned and traded publicly on the stock exchange. A Private Company is owned and traded privately. Limited can use after the public company name (Example- ABC Limited).
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Answer:
A private company is a company which by its articles restricts the right to transfer its shares, if any, limits the number of its members to 50. A public company means a company which isnot a private company. 2. In a Private limited company a minimum number of 2 directors is essential.
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