Private Ltd.
Private Ltd.
Private Limited Company (Pvt Ltd) is a type of business structure in India and many other countries, where the liability of the company’s shareholders is limited to their capital contributions. In a private limited company, the ownership is restricted to a small group of shareholders, and the shares are not publicly traded.
This type of company also has limitations on the number of shareholders it can have, which is usually restricted to 50. The management of a private limited company is vested in a board of directors elected by the shareholders.
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