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Company Law

Company Law » Incorporation of Companies » Incorporation of Private Company

Incorporation of Companies

Incorporation of Private Company

Private Company [Section 2(68) of Companies Act, 2013]

Important Points On Private Company

  • A private company may issue debentures to any number of persons, the only condition being that an invitation to the public to subscribe for debentures is prohibited.
  • The restrictions, limitations and prohibitions given in defination of priavte company, which must be expressly provided in the articles of association (AOA) of a private limited company.
  • It is mandatory for all the private companies to use the word “private limited” after its name.
  • As per section 3(1), a private company may be formed for any lawful purpose by two or more persons.
  • As per Section 149(1), a private company shall have a minimum number of two directors. 
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Company Law

Chapter's Name:

1. Introduction to Company Law
2. Incorporation of Companies
3. MOA and AOA of Company and Its Alteration
4. Prospectus And Allotment of Securities
5. Share and Share Capital

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