A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets. In some jurisdictions, public companies over a certain size must be listed on an exchange. A public company can be listed (listed company) or unlisted (unlisted public company).
A limited company grants limited liability to its owners and management. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company.
Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings.
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5 Step Registration
|1.||Arrange the Basic Documents|
|2.||Our team will apply for DSC (Digital Signature) of Directors|
|3.||We will Prepare MOA, AOA & other Legal documents|
|4.||We will File INC 29 or Incorporation Docs with ROC|
|5.||Get the Public Limited company certificate|
1. Company Nam (2 Options)
2. Company Address
3. Company Object and Services
4. 3 Director’s and 4 Member’s Name
5. Contact Number, Email Id and Photograph of all the directors and members
6. PAN Card of all the Directors and Members
7. Address proof of all the Directors and Members
8. Shareholding/ Profit Sharing ratio of all the directors
9. Company Address Proof