Separate Legal Entity
A Private Limited Company Registration is a separate legal entity as distinct from its members, and is separate at law from its shareholders, directors, promoters etc. A Pvt Ltd Company has the capacity to own properties, incur debts and exercise a number of legal rights.
Transferability of Shares
Shares of a Pvt Ltd Company are easily transferable by a shareholder to any other person. The Transfer process involves filing and signing a share transfer form and handing over the buyer of the shares along with share certificate.
A Private Limited Company Registration exercise “Perpetual Succession”; which means that the company’s life is not determined by the longevity of its members, shareholders, promoters, directors, employees or anyone else. If a shareholder dies, or hypothetically, all the shareholders of Pvt Ltd Company dies or resigns , only their shares in the company will be transferred to new people.