Firm and company

This query is : Resolved 

29 June 2012 Dear sir,


What is the differance between company and firm and public limited company and pvt limited company?

Regds
Shyamlal

30 June 2012 Company means a company registered under the Companies Act.

Firm means a partnership firm.

Public limited company is one which issues its shares to the public.

Private limited company is one which does not issue its shares to the public.


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