What is/are the following differences between private and public limited companies?<br>1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company.<br>2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange.<br>3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.

Correct Answer: 1 only