Listing ID #5881956
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Registering a private limited company is highly recommended form of entity to start business in India and held to run small business privately. Private limited company registered under companies Act 2013. Private limited can have minimum 2 members and maximum 50 members. This type of entity limits liability of owner liability to their shareholding in company. Directors also have limited liability to their creditors and in case of default Bank or creditors are allowed to sell the property of company for their recovery.