1. Difference between private company and public company? maximum 6 point​

private company:-
1.it has two directors.
2.restricts the right of members to transfer its shares.
3.minimum 2 and maximum 50 members.
4.does not invite public to subscribe to its share capital.
5.must have a minium capital of 1 lakh or higher.
6.must use Pvt.Ltd. in their name.

public company:-
1.it has three directors.
2.minimum 7 and maximum has no limit.
3.minimum capital 5 lakh or higher.
4.has no restrictions on transfer of shares.
5.public can subscribe to its capital.
6.in name word Ltd. or public ltd must use.
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