Private Limited Company (PTC) (PTC) — Glossary

◈Definition

Private companies have statutory characteristics including restrictions on share transfer and public invitations to subscribe to securities. OPCs have a separate one-member framework. Governance and filing obligations depend on the company and applicable exemptions; private status alone does not prove the lightest compliance burden or business legitimacy.

◉See also

Public Limited Company (PLC)(PLC)
A company permitted to offer shares to the public, subject to stricter governance under the Companies Act.
One Person Company (OPC)(OPC)
A company form that allows a single individual to incorporate a limited-liability entity.
Section 8 Company
A non-profit company formed under Section 8 of the Companies Act for charitable or social purposes.

⬢Related guide

Types of Indian Companies — Private, Public, OPC, Section 8 and More
Private limited is the default, but Indian companies come in many legal forms. Here's a practical guide to the ones you'll encounter on MCA.

Official references and corrections

References explain the underlying rules. They do not certify a particular company, director or CorpIntel record. Check current amendments, notifications and the documents for your situation.

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Part of the CorpIntel glossary, a 45-term reference. Found an error? Corrections policy.