How to grow your private limited company?

A private limited company is a corporation that is privately held for small businesses. The legal obligation of the members of a Private Limited Company in India is limited to the number of shares respectively which are held by each of the partners. The shares of Private Limited Company shall not be publically traded. Private Limited companies in India can be of three categories: Company limited by shares; Company limited by guarantee and Unlimited Company.

A Private Limited Company needs a few more ROC compliances translating into an additional cost of 5000 to 10000 per annum. The minimum capital required is Rs.100, 000 and a private limited company could have a maximum of 200 members.