Private Company Registration Himanshu Negi and Associates Hima
Private Company Registration in MoradabadPrivate Company The term private company has been defined under section 2(68) of the Companies act 2013. A private company means a company which has a minimum paid-up share capital as may be prescribed and which provides the following restrictions through its Articles of Association in order to Restricts the transfer of shares by its members Except in case of One Person Company limits the maximum number of its members to 200. Prohibits any invitation to the public for any kind of securities of the company. It enjoys special privileges also It can be started with only 2 members (i.e. minimum members required) It is not required to prepare a prospectus and it can start its operations immediately after receiving the certificate of incorporation and certificate of commencement of business.
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Category: Insurance
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