The conversation between human and AI assistant.
What is the difference between a private limited company and a limited company?
Can you tell me what is the difference between a private limited company and a limited company?
Sure. A private limited company is a type of company registered under the Companies Act, with limited liability. It cannot issue shares to the public and can have a maximum of 200 members. A limited company is a company that is also registered under the Companies Act and it is a type of company that is owned by its shareholders. It can issue shares to the public and there is no maximum limit on the number of members.