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PRIVATE LIMITED COMPANY

  • Writer: ARE
    ARE
  • Feb 23, 2020
  • 1 min read

A private limited company (Pvt Ltd company) is one of the most common forms of business organization. Any individual can carry on business for an entity intending to make a profit and enjoy the benefits of an incorporated entity, particularly limited liability. A private limited company stands between partnership and widely owned public company. In addition, there are several identifying marks of a private limited company. The list includes a name, a number of members, shares, formation, management, directors, and meetings, etc. The maximum number of directors shall have to be mentioned in the Articles of Association. In the grant of privileges and exemptions, the Companies Act has drawn a distinction between an independent private company and other private company which is a subsidiary of the other public company.


Advantages

Limited liability

Continuity of existence

Minimum number of shareholders

More capital

Easy to expand

Brand value


Disadvantages

Shares cannot be sold or transferred

Not allowed to invite public to subscribe to its shares

ARE provides support and consultancy related to publicity, advertisements, publications, promotional programs for mass awareness and fundraising, execution of planning and programs for social practice, monitoring, evaluation and management.


Presently ARE has been concentrated into some State cum Central innovative schemes like DSIR, DST, SEED, CRS (Community Radio Station) etc.


Note: If you satisfied or interested in our services, please be in touch with us through the following...


Project Manager

ARE (Arms for Rural Entrepreneurs)

Karunagappally, Kollam, Kerala, India-690544

Tel: +917907048573, Mail: areklm0076@gmail.com

U.A. No: KL06D0005158Reg. No: SH020500060479


 
 
 

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