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it is an private Ltd company
tata is a private company
Reliance is a private sector but public limited company.
M
Yes you can provided the proprietor of the firm has at least 51% stake in the new private limited company failing which the company would be called NEW or 'SOLD'.
It is besically a limited company, so it should not have any single proprietor. It has a group of people who are generaly called directors.
Sony is a Ltd company, it's public
i think Ltd is private limited company and Plc is public limited company
No, Tesco is a plc - a public limited company.
It stands for "limited" A type of 'Limited' company or corporation under the law of many Commonwealth countries or of US states. A modern variant is the "limited liability company" (LLC).
There are lots of differences. The major factor is number of shareholders and shareholding pattern. In Pvt. Ltd. Company the share holders comprise of close group of friends and relatives. A Pvt. Ltd. company can not make an offer for public to subscribe its shares. Where as a Ltd. Company can given an advertisement and invite general public to subscribe for its shares. Basically a Pvt. Ltd. company is a corporate version of partnership firm where as a Public Ltd. company is a full fledged corporate body. For a Pvt. Ltd. company minimum 2 shareholders are required whereas for Public Ltd. Company minimum 50 shareholders are required. A share holder of a Public Ltd. company can transfer his shares freely at the stock exchange where the shares are listed whereas in a Pvt. Ltd. Company a shareholder can not transfer his shares without the consent of other shareholders. Also shares of the Pvt. Ltd. company can not be listed on stock exchanges and hence can not be traded there like shares of a Public Ltd. company. These are some of the major points of difference. For more details you need to refer The Indian Companies Act 1956
A private company has no shares. A private company can go public through a so called IPO (initial public offering) and thereby issue stock to raise capital. It then becomes a corporation compared to a sole proprietorship. A private company also know as private ltd company can also issue share but no in the public but among closed group. The share are not will not be open for sale to the public until the company goes public.