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Distinguish Between the Following. Private Limited Company and Public Limited Company - Organisation of Commerce and Management

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प्रश्न

Distinguish between the following.
Private Limited company and Public limited company

अंतर स्पष्ट करें

उत्तर

Basis of Difference Private Limited Company Public Limited Company
Number of members Minimum: 2
Maximum: 50
Minimum: 7
Maximum: No limit
Number of directors Minimum two directors are
required.
Minimum three directors are required
Minimum paid-up
capital
Rs 1 lakh Rs 5 lakhs
Prospectus Not compulsory to issue
prospectus or a statement in
lieu of prospectus
Compulsory to issue prospectus or a
statement in lieu of prospectus (in case
of absence of prospectus).
Minimum subscription Minimum subscription is not
required for a private
company.
Minimum subscription is required for a
public company.
Share certificates It cannot issue share
certificates.
It can issue share certificates.
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अध्याय 1: Forms of Business Organisations - Distinguish between the following [पृष्ठ ३८]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Forms of Business Organisations
Distinguish between the following | Q 6 | पृष्ठ ३८

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