Firm and company

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SHYAMLAL KAYYARUVATH (Querist)
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29 June 2012 Dear sir,

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

Regds
Shyamlal

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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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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