"A private limited company is a type of business entity in private ownership which governed by the MCA (Ministry of Corporate Affairs) and regulated by the Companies Act, 2013 and the Companies Incorporation Rules, 2014, a minimum of two shareholders and two directors are required"
A private limited company is separate entity legally with perpetual succession with unique name
A private limited company gives limited liability protection to its shareholders. it would be limited to the company and not impact the shareholders.
A company can raise capital from persons or entities interested in becoming a shareholder. Entrepreneurs can raise money from angel investors, venture capital firms and private equity firms.
As the ownership of a company is represented by shares, the ownership of a company can be transferred to any other legal entity or person in India or abroad easily – in part or whole. The directors can also be replaced to ensure business continuity.