Liability of the members of the Company is limited only to the extent of the shares subscribed / liability undertaken by the members of the company.
A Private limited Company is one of the most popular form of a legal entity for doing a business. Private Limited Company is regulated by the Ministry of Corporate Affairs and incorporated under the provisions of The Companies Act, 2013. Private Limited Company are mainly of two types
In the recent times, it has been seen that, it has become the most preferred form of business organization among the entrepreneurs.
A Private Limited Company is registered under the provisions of the Companies Act, 2013 through the procedure prescribed under the Act and Rules and Regulations made there under.