Private Limited Company Registration | Online Process | Company Incorporation
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As defined by Section 2 (68) of the Companies Act 2013, a private company is a company whose Article of Association (AoA) prevents the transfer of its shares, along with this, it also prevents a large number of the public from subscribing to the same.
In simple words, a private limited company is a business entity with private ownership. It is usually owned by non-governmental organizations or relatively small shareholders or members of a company.
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