Company Registration India » Public Limited Company Registration

Public Limited Company Registration

A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, acceptance of public deposits and transfer of shares. Public Limited Company is a company established for the purpose of offering shares for sale to the public and the shareholders shall have the liability limited up to the amount to be paid on shares. To register the public limited company is the basic step that will define the structure of a business and make it an entity that enjoys legal acceptability. Our wide range of service includes setting up Public Limited Companies in India. A PLC is registered with a name that ends in the words 'public limited company' or the letters 'PLC'.Proposal of introducing limited liability partnership bill by the Indian Government is a beneficial step as it would be helping the professionals for setting up more professional output.



The Benefits of a Public Limited Company

• Members' (the directors and shareholders) financial liability is limited to the amount of money they have paid for shares.
• The management structure is clearly defined, that makes it easy to appoint, retire or remove directors.
• If extra capital is required, it can be raised by selling more shares privately. It is simple to admit more members.
• The death, bankruptcy or withdrawal of capital by one member does not affect the company's ability to trade.
• The disposal of the whole or part of the business is easily arranged. High Status

• This is a non-governmental organization.
• Maximum shareholders here are limited to fifty and the minimum is two.
• Shareholders have no rights to transfer the shares.

• Select a name for the company.
• Apply for Directors Identification Number and Digital Signatures.
• Draft Memorandum and Articles of Association.
• Filing of documents with the Registrar.
• Payment of Fees.
• Get Certificate of Incorporation.

• It offers shares to the public.
• At least 7 shareholders.
• At least three directors on its board.
• conduct statutory meetings regularly.