diff btwn private and public company

Dear Student


Private Companies are the companies in which shares are only issued to person of a particular group or family i.e Private company has particular group as owners . E.G Dalal group Private limited , has share holders only of Dalal family.
Whereas
Public companies are the companies in which shares can be owned or purchased by general public at large , i.e shares of public company can be purchased through any stock exchange medium. E.G Reliance industries Ltd. - Share can be purchased by anyone through stock exchanges .


Regards

 

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Private company means owned by one member or family members.  Whereas Public Company, the public have shares in the company
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