Prohibition on Public Invitation: Private limited companies are prohibited from inviting the general public to subscribe for their shares or debentures.
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Limited Legal responsibility Protection: Shareholders of the private limited company are liable only to your extent of their shareholding. Their assets remain safeguarded, even in cases of financial setbacks incurred because of the company.
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Minimum Number of Administrators: A private limited company necessitates a minimum of two administrators. A minimum of one of these administrators should be an Indian citizen.