What Is A Private Limited Company

What is a private limited company?

Answer (1)

Team Legistify

Team Legistify

  • Sector-1, Noida

This is the most common form of corporate vehicle. Once a company is incorporated, it is treated as a distinct legal entity meaning the company can contract with third parties and incur liabilities. In addition, obligations of the company are not treated as obligations of the shareholders that essentially own the company, or the directors that run the company.

Answered on 28 Sep 2018


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