Restricts the right to transfer shares

Excluding One Person Company (OPC) limits the number of its members to 200

Restricts any invitation to the public to subscribe to any company securities. Private Limited company is a small firm or coporation that is privately held by a limited number of investors, owners or shareholders. Private Limited are easily identified as the firms are requried to use ""Private Limited"" as an affiex ather the name. "

Minimum of two members, while the maximum members limit is 200.

Minimum of two directors, while the maximum number of directors is 15

The liability of all members or shareholders of a private limited company is limited.

Perpetual succession means the company will continue to exist in the eyes of the law irrespective of insolvency, bankruptcy or death of any of its members

The private limited company must have an authorised share capital of Rs.1 lakh. Due to an amendment to the Companies Act, it need not have any minimum paid-up share capital.

A private limited company name must have the words ‘private limited’ after its name.

A private limited company cannot issue a prospectus as it cannot invite the public to subscribe to its shares.

A private company does not have to maintain an index of its members as per the Act.

Minimum number of two members or shareholders before applying for registration of the company. Identity and address proof of all the directors is required.

Minimum number of two directors for registering a private limited company.

The company must send its name to the Registrar of Companies (ROC) for its approval.

The company owner must provide the company’s registered office address. Copies of utility bills such as water, electricity or gas bill, not older than two months. if rented NOC from the property owner.

All directors must obtain a DSC before applying for registration

Certification by professionals is necessary