A Comparative Analysis between Public v/s Private Company
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A Comparative Analysis between Public v/s Private Company
- 1. An Introduction to Companies, Special Reference to the Variance of Private Company and Public Company : An Comparative Analysis
- 2. Members List Md. Benzir Rahman ID No.: 2-15010126 Md Hafizul Islam ID No.: 2-15010120 Jahidul Alam ID No.: 2-15010124 A. K. M. Nayeemul Hassan ID No.: 2-15010125
- 3. Comparative Analysis Traits Public CompanyPrivate Company Definition Formation Number of Members Restriction to transfer of share, Minimum 2 & Maximum 50, Prohibition of inviting shares Have right to transfer shares and issuing share through IPO Easy too form Critical & time consuming Minimum: 02, Maximum: 50 Minimum: 07, Maximum: No limit
- 4. Comparative Analysis Traits Public CompanyPrivate Company Commencement of Business Prospectus After getting registration After getting the certificate of incorporation No need Need
- 5. Comparative Analysis Traits Public CompanyPrivate Company Transfer of Share Capital Adding Limited Clause No right Have right Less capital Huge capital “Private Limited” written down Only “Limited” written down
- 6. Comparative Analysis Traits Public CompanyPrivate Company Number of Directors Formation of BOD At least 2 At least 3 Not compulsory for every year Every year needs to form it in general meeting
- 7. Comparative Analysis Traits Public CompanyPrivate Company Remuneration Statutory meeting and statutory report Quorum No need to fix Clearly stated in the general meeting No need From commencement of business, it have to held within 6 months At least 2, if the member is 6 At least 3 if the member is more than 6 At least 7
- 8. Comparative Analysis Traits Public CompanyPrivate Company Right to Vote Articles of Association Have right to vote Don’t have the right to vote Compulsory Not compulsory
- 9. Comparative Analysis Traits Public CompanyPrivate Company Public Subscription Member Index Issue of Share Warranty No right to invite Have right to invite No need Needed No needed Needed
- 10. Comparative Analysis Traits Public CompanyPrivate Company Issue of Right Share Maintaining Good Relationship No needed Needed Possible Difficult
- 11. Thanks to All