A private company limited by shares provides all the advantages of registration and is a good medium for operating and managing enterprises so long as, generally, the activity in which it is engaged is small, the owners of the business are a few persons related closely or otherwise associated to each other and the resources …
The incorporation of a private limited company
The rule of incorporation of a private limited company is considerably same with that by incorporating a public limited company registration. Which is described under the following exceptions : The incorporation of a private limited company (i) There should be atleast be 2 subscribers in pace of 7. (ii) There should be at least two …