Can a aop holds shares in a private limited company?

Yes, an Association of Persons (AOP) can hold shares in a private limited company. However, the ability to do so may depend on the specific regulations and laws governing the jurisdiction in which the AOP operates. Typically, the AOP must ensure compliance with any legal requirements related to share ownership and may need to be registered or recognized as a legal entity. It's advisable to consult legal counsel to understand the implications and requirements in a specific context.