vakilsearch

Prince Info Park, A-5th Floor, Ambattur Industrial Estate Rd, Ambattur, Chennai, Tamil Nadu 600058, chennai, 600072
7200365365
7200365365
https://vakilsearch.com/blog/disadvantages-of-private-limited-company/

The main disadvantage of Private Limited Company is that its articles restrict the transferability of shares, which is one of its major disadvantages. There are a number of disadvantages to having a Private Limited Company, one of which is that it cannot issue prospectuses to the public. The number of shareholders of a Private Limited Company, in any case, cannot exceed 50.

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