Private Limited Company,is one of the most popular legal structure option for businesses in India.It is the most popular legal structure for businesses, should be chosen by anyone looking to build a scalable business. A director of a private limited company has limited liability to creditors. In case of a default, banks / creditors can sell only company’s assets but not the personal assets of a directors. A Private limited company is considered one of the most popular corporate entity amongst the small, medium and the large businesses in India due to its various advantages.
