Private Limited Company
Under section 2 (68) of company act, 2013 Private company mean company incorporated under company’s act 2013 having paid-up share capital as may be prescribed, and which by its articles, —
i. Restricts the right to transfer its shares:
ii. Except in case of OPC, limits the number of its member to two hundred:
Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purpose of this clause, be treated as a single member:
Under section 2 (68) of company act, 2013 Private company mean company incorporated under company’s act 2013 having paid-up share capital as may be prescribed, and which by its articles, —
i. Restricts the right to transfer its shares:
ii. Except in case of OPC, limits the number of its member to two hundred:
Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purpose of this clause, be treated as a single member:
Private Limited Company
Under section 2 (68) of company act, 2013 Private company mean company incorporated under company’s act 2013 having paid-up share capital as may be prescribed, and which by its articles, —
i. Restricts the right to transfer its shares:
ii. Except in case of OPC, limits the number of its member to two hundred:
Provided that where two or more persons hold one or more shares in a company jointly, they shall, for the purpose of this clause, be treated as a single member:
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