Limitation on Membership: Private companies can have a maximum of 200 members and
minimum 2

Perpetual Succession: means continuity or
uninterrupted existence until it is dissolved legally.

Name of Company: companies must include the words "Private Limited" or
"Pvt. Ltd." in their names.

Limited Liability: The liability of each member is limited to the
amount of shares he holds.

Government company hires its own employees.

It is accountable to public through parliament.

Government company enjoys autonomy and flexibility in internal operations.

The government provides at least 51% of share capital.

Government company is created by government under the Company Act.

Its management is done by a board of directors. The majority of directors are appointed by the government.

separate legal entity wherein even if the shareholders, directors or

members of a company die, the company still continues to stay in

A public limited company is required to have a minimum paid-up capital of Rs 5 lakh or such a higher amount as prescribed under the act.

It is a compulsory requirement under the Companies Act, 2013 for all public companies to add the word ‘limited’ after their name.

To start a public limited company, a minimum of 3 directors are required and there is no restriction on the maximum number of directors.

Is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.