A private company avoids many of the defects of a public company.explain.
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A private company avoids many of the defects of a public company.explain
A private company avoids many of the defects of a public company.explain.
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A private company can be formulated with the composition of only two members and it only has to undergo two steps in the process of formation whereas a public company can starts its business only after getting its certificate of incorporation & it takes four steps hence ease of formation.