Under Australian law, a proprietary limited company,abbreviated as Pty Ltd company, Pty Ltd, or P/L, is a business structure that has at least one shareholder with a limited number of shares. Tho opposite of a proprietary limited company is a public limited company. In other countries, for example in India, a proprietary company would be named "Relays Private Limited", abbreviated to "Relays Pvt. Ltd."
It is not mandatory to name the company with "India Ltd" or "India Pvt Ltd. If the company is a Public Limited Company (i.e. the shares of the company is listed with any of the Stock exchanges in India), the Company's name shall end with "Ltd or Limited". If the shares are not listed and privately held, the company name shall end with "Pvt Ltd or Private Limited". Some companies while naming their company for their own reasons add "India" to their company name.
The mail difference is of liability of share holder. In Limited or Pvt. Ltd. co. the liability of a share holder is limited to the extent of his share and in proprietorship firm the liability is 100% as this is of one man show. - Deepak Srivastava
In India Pvt. Ltd. Company the share holders comprise of close group of friends and relatives whereas the Limited Company advertises and invites the general public to subscribe to its shares.
private limited is a type of company which is controlled privately by founder , limited could be any company. check out google for more info .
difference between enterprise and corporation
difference between enterprise and corporation
Mention some of. Thepublic company limited
Reliance is a private sector but public limited company.
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Liability of a Pvt limited Company is limited - a mith. The fact is that liability of a share holder of a limited company is limited to the extent of value of the shares. In other words, the other assets of the shareholder can not attached for default of the company. So the liability of a limited company is limited to the assets of the company, not limited to the face value of the shares. On the other hand the partner of a partnership company has unlimited liability. i.e., the assets of the partner can be attached in case of default. Similarly, when a pvt limited company is a partner the liability of the company is unlimited and to the extent of assets of the company not to the assets of individual shareholders. So a limited company is a legal entity and can become a partner or proprietor of a firm.
Red Carpet Entertainment Pvt Ltd. is incorporated under companies act 1956 and the company is limited.