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What is a LTD?

An LTD refers to a "Limited Company." These types of companies have liable shareholders or members. They are limited to either what the company promised them or what they have spent on the company.


What is the difference between ltd and plc?

Ltd is private limited company, it is in the public sector and has limited liability, the only shareholders arre family and friends, PLC is public limited company and anyone can be shareholders. a PLC is open to anyone from the public and a Ltd is only shareholders, family and friends.


Define Pvt ltd company?

A private limited company, often denoted as Pvt Ltd or Pvt. Ltd., is a type of business entity that limits the liability of its shareholders. This means that the personal assets of the shareholders are protected in case the company faces financial difficulties. Pvt Ltd companies are owned by shareholders and managed by directors, with ownership divided into shares. These companies are separate legal entities from their owners, allowing them to enter into contracts, own assets, and sue or be sued in their own name.


What disadvantage is there of an ltd?

Large amount of money can be raised by the directors for the use of the company, and its used as status for a shareholders


What is the function of a limited company?

A limited company (Ltd) is that which is limited by shares and listed on the stock market. Its function is ultimately to make profit for its shareholders.


What does ltd mean?

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).


What is the difference between a Ltd company and a none Ltd company?

Ltd is an abbreviation for Limited Liability; a limited company has limits to its liability; if the company goes bankrupt, or is sued, the liability does not extend to the shareholders in the company. A non-limited company; usually sole traders or partnerships, has unlimited liability - if a plumber floods your house, he is liable and you can sue him. Most non-limited companies have insurance to cover this kind of eventualility.


What does LTD mean after a company name?

LTD stands for "Limited." It is a legal designation used after a company name in countries such as the UK, Canada, and Australia. It indicates that the company has limited liability, meaning that the owners or shareholders are not personally liable for the company's debts or obligations.


Why is it easier to attract new shareholders to a plc than a Ltd company?

it is easier to attract new shareholders because a plc has a proven track record, so its less likely to go bankrupt and loose your money.


Does every limited company have to appoint an auditor to protect the shareholders?

They are not required by law to appoint an auditor to protect the shareholders, but many do. This is not only to protect the shareholders, but to protect the company as well.


What is the difference between a cc and a pty?

# What does "CC" stand for?In South African law "CC" stands for "Close Corporation", a registered juristic entity much like a simplified company.# What does "PTY" stand for?"PTY", usually used in conjunction with "Ltd", thus "(Pty) Ltd", stands for "(Proprietary)". "PTY" representing "Proprietary" means "private ownership". This illustrates one of the main features of PTY LTD Companies: that is, their shareholders are not publically declared, only their directors. Thus the ownership is private.# What does "Ltd" stand for?"Ltd" as used in the designation of a private or public company, for example, either "Bilkovo (Pty) Ltd" or "Bilkovo Ltd", stands for "Limited" and refers to the limitation on the liability of company shareholders and directors.


What is the maximum number of shareholders in a pvt ltd co?

50