Using the word limited instead of pvt limited
This query is : Open
05 September 2014
I have recently joined a company which is named as 'XYZ Limited'. I joined it thinking of it as Public limited company. But when i went through the balance sheet of company i came to know it is pvt limited company. Can a private company operate without using the word 'pvt ltd' in its name..??
06 September 2014
no it.cant
06 September 2014
it might possible that company is converted into public from private.
Check MOA & Certificate of Incorporation of the Company.
In case Section 8 company (under Companies Act, 2013 ) & Section 25 Company ( under Companies Act, 1956) name of the company will not end with the last word “Limited” in the case of a public limited company, or the words “Private Limited” in the case of a private limited
company.
Check MOA & Certificate of Incorporation of the Company.
In case Section 8 company (under Companies Act, 2013 ) & Section 25 Company ( under Companies Act, 1956) name of the company will not end with the last word “Limited” in the case of a public limited company, or the words “Private Limited” in the case of a private limited
company.
12 September 2014
what i came to know is company is closely held company. so it has not used the word private in its name. But i donot know thw logic behind this.
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