PUBLIC LIMITED COMPANY V/S PRIVATE LIMITED COMPANY

     PUBLIC LIMITED COMPANY
PRIVATE LIMITED COMPANY
Membership
Minimum number of persons is 7 and maximum number of person is unlimited.

Statutory meeting
It Must hold a statutory meeting

Transfer of shares
The shares are freely transferable


Prospectus
It must file with the registrar prospectus or statement in lieu of prospectus before allotment of shares.

Number of Directors
It must have Atleast 3 Directors

Share Warrant
A public company issue bearer share warrant


Preparation of Articles
It is not necessary to prepare articles it can adopt Table A.

Commencement Certificate
It is necessary to receive commencement Certificate
Membership
Minimum number of persons is 2 and maximum number of person required is 50.

Statutory meeting
It need not to hold a statutory meeting

Transfer of shares
The right to transfer shares is restricted by its articles.

Prospectus
A Private company need not file a prospectus or statement in lieu of prospectus 


Number of Directors
It must have Atleast 2 Directors

Share Warrant
A Private company cannot issue bearer share warrant

Preparation of Articles
It Must Prepare its articles.


Commencement Certificate
It is not necessary to receive commencement Certificate


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