Company and the members like board of directors and shareholders are same.

Company have common seal only to sign the contract.

Company considered as an artificial person before it is registered under the Act.

Against the company any compliant can be file by any one.

Latin word COM means

Transfer of shares is prohibited in public company

LLP Act was passed in the year

Minimum capital for public and private company are Rs.

Mr. Guana and Mrs.Guana by together holds some shares in the X Private Limited. they will considered as two members.

Public company shares can be subscribed by any foreigners.

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