Constitution of a Public Company
A Public Company Constitution differs from a proprietary Limited Company by being able to have more than 50 shareholders.
A Public Company Constitution differs from a proprietary Limited Company by being able to have more than 50 shareholders.
Pty Ltd Company Constitution. A‘Proprietary’ means ‘private’, and is the most popular for small businesses, to hold investments and to act as a trustee for private trusts. The ‘Pty Ltd’ stands for ‘Proprietary Limited’, and is the most common form of company.