|Author: nidhi 18 Mar 2013 Member Level: Silver Points : 4 (Rs 4) Voting Score: 0|
In India one can incorporate two types of companies , one is Pvt. Ltd. Co. and Other is Public Ltd. Co. (also called Ltd. Co.). For naming a company as a Ltd. Or Pvt. Ltd., one must adhere to the rules and guidelines as per Company Law. There are various difference between Private Limited Company and Limited Company. First and most important difference is minimum paid up capital, for a Pvt. Ltd. co. it is Rs. 1,00,000 whereas for Ltd. co. it is Rs. 5,00,000. In a Pvt. Ltd. Co., minimum required share holders are 3 whereas in Ltd. Co.(Public Ltd. Co.)minimum 7 share holders are required. Maximum members allowed in a Pvt. Ltd. co. are 50 and there is no such restriction in Ltd. Co. A Pvt. Ltd. Co. can have 2 directors whereas minimum 3 directors are required in Ltd. Co.A Pvt. Ltd. Co. can not subscribe its share to public where as in Ltd. Co. can invite public for subscription of shares. In a Pvt. Ltd. Co., consent of other shareholder are required to transfer shares where as in Ltd. Co. one can freely transfer shares at stock exchange. Shares of Pvt. Ltd. Co. is non tradeable as company can not list its shares on stock exchange where as Ltd. Co. shares are listed on stock exchange and tradeable. There is no obligation to call Statutory meeting in Pvt. Ltd. Co. where as it is must for Lt. Co.
|Author: Rajkumar P 19 Mar 2013 Member Level: Gold Points : 2 Voting Score: 0|
PVT Ltd means private limited where all the shares are owned by a group of people and they have the right to take decisions in the company.In Private sector the number of share holders can be 50 to the maximum.
Ltd means public limited where the companies shares are open to the public and there is no limit for the number of share holders.
|Author: achuadarshgopal 19 Mar 2013 Member Level: Bronze Points : 2 Voting Score: 0|
This type company can have a minimum 2 shareholders and maximum 20 share holders.this companies share is not listed in stock exchange and cannot bring out a public offer
LTD means public limited company. This type companies have more than 30 shareholders and bring out a public offer for shares.