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Private Limited Company has perpetual succession, which means the continued existence until it is legally solidified. PLC has endless succession because the company is a separate legal entity. Shareholders and employees act as agents of the company. There are many options in the Indian market to set up a business entity as it can be formed in various forms such as sole proprietorship, partnership firm, LLP, Private company and public company, etc. A private limited company by assurance is the one where member’s liability is limited to the amount that they have decided to undertake at the time of winding up. https://www.filingbazaar.com/service/private-limit...