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Hello Frnds,
I am a regular viewer of citehr and into HR Profession. I am beginner and working for a limited company. Can anyone please guide me on Mandatory HR Policices for a Public limited company. Is there any differences when it comes to pvt. ltd. rules and public limited co. rules? Please guide / advise.

Hi,

please find the difference between Limited and Pvt Ltd -

company is called private limited when all its shares are in private hands. Pvt Ltd Company is owned by a group of promoters. On the other hand, the shares in a Public Limited company are open to everyone. The company is not in the hands of a few promoters but the public owns it.

There is also difference in the number of shareholders in the two types of companies. In Private Limited companies, the minimum number of shareholders should be two and the maximum 50. On the other hand, the minimum number of shareholders in a Public Ltd Company is seven and there is no limit to the maximum number of shareholders.

When talking of shares, the shares can be freely transferred in a Public Limited Company whereas it is not possible in a Private Limited company. If ever the shares of a Pvt Ltd company have to be transferred, the consent of the shareholders must be sought. Pvt Ltd Company cannot make a public offer of its shares. On the contrary, Ltd companies can make a public offer through advertisements.

The shares of a Limited company are listed in the stock exchange whereas it is not in the case of Private Limited Company. This means that trading happens with a Ltd company in the stock exchange and nothing of that sort happens with a Pvt Ltd company.

A Private Limited company is a partnership firm where as Public Limited company is a full-fledged corporate body.

regards,

Prajakta

Dear Prajakta,
Your explanation is so Good. I think Mr.Khan was understood.
Dear Sir, I am in Planning in to start a company, here I need some information, please help out me..
If We start a Pvt.Ltd Company with two partners, How can share the business.
Founder of the business having any benefits..?.
I am the founder of the business, with this reason I am expecting some rewards or more profit share. Is it right.
What is the percentage of working partner and sleeping partner, semi working partner..
If we start a Company with Partnership, please give me suggestions(Tips) for Long and Good Relations between partners.
Thank you

Dear Prajakta, Thanks for your revert but my question was," Is there any Mandatory HR Rules & Policies whn it comes to Public limited company." my concern is in regards to the HR Policies only
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