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Private Limited Company registration is the most popular form of a u201clegal structureu201d for all businesses in India.<br><br>A private limited company can have a minimum of two members and a maximum of fifty members.<br><br>The directors of a private limited company have limited liability to their creditors and Banks/Creditors are allowed to sell only the assets of the company (when there is a scenario of default).<br><br>The creditors do not have the authority to sell the personal assets of directors. Do ensure that your company is registered, for starting a company in India.<br>
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