Difference Among OPC, Private Company and Public Company

1)Basis of  Number of Members

    1. One Person Company - Minimum and Maximum number of members ( Share holders is 1)

    2. Private Company - Minimum number of members is 2 and the maximum 200. Excluding its                                                  present of past employee members.

    3. Public Company:- Minimum Numbers of members is 7 and there is no limit as the maximum                                               number of  members

2)Basis of Transfer of share 

    1. One person Company- Not Applicable.

    2. Privte Company - Articles  of Association restricts the transfer of shares.

    3. Public Comapny - Transfer of shares is usually without any restriction.

3) Propectus

\    1. One Person Company - Not Applicable

     2. Privte Company - Prospectus need to be issued. 

    3. Public Company - Propectus must be issued to invite public to subscribe for shares. if not,a                                                  statement  in lieu of Propectus  is filed with the registrar of companies.

4) Subscription of Shares

    1. One Person Company - Shares  Cannot be offered to public.

    2. Private Company - Share cannot be offered to public.

    3 Private Company - Share can be offered to public.

5) Articles of shares 

    1. One Person Comapny -  Special Articles of Anociation are necessary.

    2. Private Company - Special Articles of Association are necessary.

    3. Public Company - Table F Given in the Companies Act. 2013 may be Adopted. Alternatively. It                                          can have its own Articles of Association having clauses different form those                                              clauses different from those given in table F of the Companies Act. 2013 ,                                             Which will overide tabel F.

6) Number of Directors 

    1. One Person Company - It must have at least 1 Director  but not more than 15.

    2. Private Comapany-  It Must have at least 2 Directors but not more than 15.

    3. Publice Comapany - It must have at least 3 Derectors but not more than 15.

7) Allotement of Share 

     1. One Person Company - Not Applicable.

    2. Private Company- Shares may be alloted as the Directors decide.

    3.Public Company - Shares  Can be alloted only if Minimum Subscription has  been recieved.

8) Public Deposits

    1. One Person Company - It Cannot invite and accept deposits from public.

    2. Private Comapany - In Cannot invite and accept Deposits  from public.

    3. Public Company - It can invite and accept deposits form Public.

9) Name 

    1. One Person Company - The word "OPC" is used as part  of the name.

    2. Private Company- The words 'Private Limited" are used as part of the name.

    3. Public Company - The word ' limited ' is used as part of the name.