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A Private Limited Company is a type of company that offers Limited Liability or legal Protection for its shareholder Private Limited Company which can have a minimum of two members and can go as far as to two hundred members, it must have minimum of two directors and a maximum of fifteen directors.

Private Limited Company lies somewhere in between a partnership firm and a widely owned public company, as it have all the advantages namely flexibility, borrowing capacity, greater capital combination of different and diversified abilities, etc.

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