Overview
Documents
Benefits
Merits | Demerits |
1. Low capital requirement to start | 1. Cannot issue preference shares |
2. Limited liability of members | 2. Restricted business activities |
3. External ownership allowed | 3. High regulatory compliance |
4. Better control by members | 4. Limited sources of funds |
5. Tax benefits under Income Tax Act. 1961 | 5. Limited expansion opportunities |
Compliance
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FAQ
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