who will be subscriber , Corporate Laws / SEBI / LLP

[niranjan soni]

if any private subsidiary  company is making then who will be signed on subscriber sheet

and what is the benefits of private companies

Posts / Replies

[Sucheta Agrawal]

Hi Niranjan,

in case of private company, the person who wants to take shares in the company, will sign the memorandum.

the benefits of private company-

1. can start it a minimum paid up capital of Rs. 100000 only.

2. so many exemptions given in the company law to private company.

3. the provisions of directors and other which are applicable on public company not applicable on private company.

4. only two person can make the private company