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Author Topic: Which is bigger, PVT LTD or LTD?  (Read 866 times)

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Offline Janiabhi

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Which is bigger, PVT LTD or LTD?
« on: February 21, 2018, 11:58:35 PM »
Which is bigger, PVT LTD or LTD?

LegalWiz.in

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Re: Which is bigger, PVT LTD or LTD?
« Reply #1 on: February 22, 2018, 03:17:24 AM »
The words “Pvt Ltd” & “Ltd” suggest the status of the company and its legal nature. The size of the company can be measured based on the share in market place, total revenue or the net worth of the company. The said base of to measure the size of business does not wholly depend on the legal status of the company.

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Offline kalaskarkk

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Re: Which is bigger, PVT LTD or LTD?
« Reply #2 on: February 28, 2018, 01:36:54 AM »
Dear Sir,

I agree with the opinion of Ld. Adv. LegalWiz.in.
Regards:

Kishan Dutt Kalaskar
Retd Judge and Advocate
No.74, 1st Floor, “Disley”  House,
Malleswaram, Bengaluru-560003.
Mob: 9686971935, 080-23461189
kalaskarnetra@gmail.com
Call me for clarification

Offline donpotterla

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Re: Which is bigger, PVT LTD or LTD?
« Reply #3 on: April 03, 2018, 06:20:58 AM »
Ltd refers to Public Limited company and Pvt Ltd refers to private limited company.

A company is called private limited when all its shares are in private hands. Pvt Ltd Company is owned by a group of promoters. On the other hand, the shares in a Public Limited company are open to everyone. The company is not in the hands of a few promoters but the public owns it.

There is also difference in the number of shareholders in the two types of companies. In Private Limited companies, the minimum number of shareholders should be two and the maximum 50. On the other hand, the minimum number of shareholders in a Public Ltd Company is seven and there is no limit to the maximum number of shareholders.

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