Ease of Formation and create creditworthiness of your Business.
Member's liability is restricted to the amount of shares they own.
The Private Limited Company has a separate legal existence from that of its owners.
Shares of a company limited by shares are transferable by a shareholder to any other person.
Limited Liability means the status of being legally responsible only to a limited amount for debts of a company.
A company being a juristic person, can acquire, own, enjoy and alienate, property in its own name.
A company has â€˜perpetual successionâ€™, that is continued or uninterrupted existence until it is legally dissolved.
An entity means something which has a real existence; a thing with distinct existence. A company is a legal entity and a juristic person established under the Act.