Public V/s private Ltd company

Public vs. Private Ltd. Company: Key differences in members, capital, and requirements explained!

Private V Public Ltd company Sort the following between public Ltd and Private Limited company Public Limited max 50 members Minimum 2 members 5 Lakh - capital 2 directors need not hold statutory meeting Certificate of incorporation Restricted transfer of shares Private Limited Unlimited members Minimum 7 members 1 Lakh capital 3 directors Needs to hold statutory meeting Certificate of Commencement Freely transfer shares