Difference between public company and private company

1.	Difference between public company and private company
Answer» Chup<br><th>BASIS FOR COMPARISON</th> <th>PUBLIC COMPANY</th> <th>PRIVATE COMPANY</th> \t\t\tMeaningA public company is a company which is owned and traded publiclyA private company is a company which is owned and traded privately.Minimum members72Maximum membersUnlimited200Minimum Directors32SuffixLimitedPrivate LimitedStart of businessAfter receiving certificate of incorporation and certificate of commencement of business.After receiving certificate of incorporation.Statutory MeetingCompulsoryOptional\t

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