why companies put ltd and pvt ltd,what is the difference?
Answer Posted / supriya dasari
According to Companies Act, 1956:-
1. If any company having more than 51% of capital from
public sectors or from central or state Government is called
as public company. For public companies it is to enough to
having LTD at the end of the company name. It has no limit
to issue of shares to the share holders.
2.Where as Private company means , a company which have
limited capital to introduce in to the business and having
limited number of members and having limited number of
shares is called as Pvt. Ltd.For the Private companies the
company should have PVT.LTD at he end of the company name.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
What is the difference between a provisions and reserves?
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
List out some of the examples for liability accounts?
what is book building
what is the Journal entry for credit card bill paid from same bank account
what is mean by sample account and data transfer rule in SAP FI?
how to see reoprt of miro booking in SAP FI
what is current rate of excies duty for a manufacturing company?
if my salary is 12000 per month how much i will get after deducting PF an ESI
Tell us in accounting, how do you define premises?
Tell me what a deferred asset is and give an example?
Tell us what kind of work environment do you prefer?
By saying, perpetual or periodic inventory system; what do we mean?
Explain fictitious assets?