It is a type of business entity held by a small group of people (like family, friends, or private investors) where the liability of each shareholder is limited to the amount of shares they hold.
It’s a separate legal entity — which means it has its own legal identity, separate from its owners.
It’s owned by shareholders, run by the directors appointed by the shareholders, and funds raised privately as and when required.
To register a Private Limited Company in India, the process begins by: