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PRIVATE LIMITED COMPANY

 A Private Limited Company is a business entity which are formed by a small group of people called shareholders who are the real owners of the company. In private company there is no involvement of public in the shareholding or management of the Company.

Private limited company can be formed by just 2 members and the liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publically traded.

Private limited company enjoy some of the major privilege under Companies Act 2013 and the registration process is also easy. It is also considered as separate legal entities and are separate from the existence of their owners which means they cannot be dissolved or end because of the death, retirement or insanity of any of their member or director.

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