Top 10 Reasons to form Private Limited Company
Top 10 Reasons To from Private Limited Company The Company exists as a distinct legal entity from its members. The responsibility of the Company is different from its members of a company. Liability for compensation of debts and claims incurred by the Company lies on it and not the owner. Here the following top 10 reasons listed to form Private Limited Company . Distinct Existence Pvt ltd company regarded as a separate legal identity. A separate legitimate substance from its originators It has investors (partners) and chiefs (organization officials). Every individual is viewed as a representative of the organization. Continuous presence An organization has ‘unending progression,’ that is proceeded or continuous presence until it is lawfully broken down. An organization, being a different legitimate individual, is unaffected by the passing or other flight of any part however keeps on being in presence independent of the adjustments in participation. Never-ending progression is one o