Types of Private Limited Company

 

There are three types of a private limited company in India that can be registered. They are differentiated on the basis of a level of liability of the members. Following are types of a private limited company

You can perform Company Registration Online! NOW

You can visit the official government site for gaining more information about types of a private limited company in India by clicking on this link 

1. Private company limited by shares

In such a company, the liability of the shareholders is limited to the extent of the members share in the company or the unpaid amount of share. The liability is limited to the paid-up or unpaid share capital of the member. A member is not liable to pay more than his investment in the company.

If you want to apply for Private Limited Company, you can go with PVT Limited Company.

2. Private company limited by guarantee

In such a company, a member gives a guarantee to be held liable. The liability of such a member is limited to the extent of his guarantee. He cannot be held liable for more than his guarantee to the company. The guarantee given by a member can only be called at the time of winding up of the company.

3. Unlimited company

The liability of the members of such companies is unlimited. It means that their personal assets can be utilized to pay off the company’s debts and liabilities. It is to be noted that this does not mean that there is no separate legal entity. The company and the members are still different.

Also you can apply trademark registration online.

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