A private limited company is a corporate entity that is privately held and the finest on-demand business form in India, according to the Companies Act, 2013, and incorporation Rules, 2014. Private investors are in charge of the company's management. A sort of business that is owned and run by a small group of individuals is a private limited company.
It needs at least two owners or shareholders. The firm might be organised with multiple directors. The loss of the pvt ltd. Corporation is the responsibility of all partners. The amount of shares a member owns determines how much of a business loss they are responsible for recovering. Limited implies that the company's financial liability is constrained to the number of shares it owns.
Sujata Associations has been in operation for 20 years and can provide you with the best assistance you require. We want to make sure that all Pvt. Ltd. Co. owners have a trouble-free experience throughout the course of their business by offering private limited company registration services.
Private Limited Company is the most prevalent and popular type of corporate legal entity in India. Private limited company registration is governed by the Companies Act, 2013 and the Companies Incorporation Rules, 2014. To register a private limited company, a minimum of two shareholders and two directors are required.