What is a private limited company? A private limited company is also defined as a company that does not transfer its shares to the public as other companies do. A Pvt ltd company has limited liability. However, A Pvt ltd company is held disparately with limited liabilities. But private limited companies are required to furnish financial statements for every financial/fiscal year. To know more visit the website. https://myitronline.com/in/private-limited-company/