\tNumber of membersIt needs at least 1 member for its formation. The maximum number can be 50.It needs at least 7 members for its formation. The maximum number is not limited.Invitation for capitalIt cannot invite the public to buy its sharesIt is free to invite the public to buy its sharesCommencement of businessIt can commence the business immediately after the incorporationIt can commence the business after receiving the certificate of commencement of business.Issue of prospectusIt does not need to issue prospectusIt must issue prospectusStatutory meetingIt does not need to hold statutory meeting and file statutory report.It must hold statutory meeting and file statutory reportTransfer of sharesThe transferability of share is not allowed and hence its ownership cannot be transferredThe transferability of share is allowed and hence its ownership can be transferredUse of wordIt must use the word Pvt. Ltd. at the end of its name.It must use the word Ltd. at the end of its name\t

1.	Difference between Government company and private company??
Answer» I am only asking about government company and private company ??????? I am not asking about public aur private company		Bases of difference	Private company	Public company
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