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A Private Limited Company in India is a type of business structure that features private ownership, limited liability, and a separate legal identity from its shareholders. This distinct legal status protects shareholders from being personally liable for the company’s debts or obligations.
These companies require a minimum of 2 and can have up to 200 shareholders, with shares not being publicly traded. Managed by a Board of Directors, they are required to comply with the regulatory framework set by the Indian government.
Ideal for small to medium-sized enterprises, Private Limited Companies offer both operational flexibility and ease of management.
✔ The company should not register the transfer until it has given notice to the transferor of receipt within 2 weeks.
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