A
company is call a private limited company when all its shares owned by private
hands. In the other hand public company is a company that all the shares owned
by general public. Public limited
company is that shares of a public company are traded on stock exchange. Stocks,
also known as equities, represent fractional ownership in a company, while a
private company’s shares are not traded. A private limited requires minimum 2
members but a public limited requires minimum 7 members.
