2042 Views
1 Replies
Ltd company is otherwise known as public limited company and pvt ltd company is a private limited company. Under public limited there are private sector company and public sector company.
The difference between pvt ltd and public ltd company is in the no. of shareholders and transferability of shares. In pvt ltd the minimum no. of shareholders is 2 and maximum is 50 excluding the past and present employees who holds shares . Whereas in public limited the minimum no. of shareholders is 7 and there is no maximum limit.
In the case of public limited co., the shares are freely transferable but it is not so in private limited company.
Some of the strigent requirements which are applicable to public limited companies are not there in the case of private limited companies.
Public sector company is a company where the central govt or state govt or both of them combined together holds the majority of shares. But in Private sector companies the private individuals or business houses holds the majority of shares.
As far as I am concerned there is no significant difference regarding the benefits to be offered by a Private Ltd or Public Ltd Companies. Most of the benefits are reliant on the no. of employees working in a concern.
Hope some of your doubts are cleared.