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BizAdvisors | Learning -
A private limited company is one of the most recommended ways to start a business since it offers various benefits absent in public entities.  For instance,  a private limited company provides limited liability to its shareholders; it also pushes public interference away due to the non-transferable nature of its shares.
India is a welfare state i.e. it is the responsibility of the state to work for the betterment and upliftment of its people. There are various governmental policies for the welfare of the society in general. But at times, the ground reality is very different from the goals and objectives of a legislation.

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