Disadvantages of Private Limited Company - Private Limited Company
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Private Limited Companies are subject to stringent compliance requirements mandated by regulatory authorities. They must adhere to various statutory obligations, including holding annual general meetings, maintaining financial
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Memorandum of Association (MOA) and Articles of Association (AOA)
The MOA and AOA are legal documents that define the scope of activities, powers, and internal rules of the company. They serve as the constitution of the company and must be filed with the ROC during the registration process.
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