Definition
Rail transport, also known as railway transportation or train transport, is the movement of passengers or goods by trains along railways or tracks. It is an efficient and environmentally friendly mode of transportation, ideal for long-distance travel or hauling large volumes of cargo, offering advantages such as high capacity, safety, and reliability.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.