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What is Public Limited Company ?

A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. The securities of Limited companies are traded on a stock exchange. Anyone can buy and sell shares of a Public Limited Company. According to the regulations of the corporate law, a PLC has to compulsorily present its financial stats and position publicly to maintain transparency, A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders. The biggest advantage of forming a public limited company (PLC) is that it grants the ability to raise capital by issuing public shares. Generally, companies that require huge capital investments opt to be registered as a Public Limited Company.

Procedure to Public Limited Company
  • Select your Package
  • Make Online Payment
  • Submission of Documents
  • Obtaining DSC and DIN
  • Verification and Name Approval
  • Receive your Company Incorporation Certificate
Documents required for Public Limited Company
  • Identity Proof such as Aadhar card, PAN card, Driving License, Voter Id of all the designated directors and shareholders.
  • Address Proof of all the proposed directors and shareholders of the company.
  • Passport size photograph of directors.
  • Electricity/ Water bill (Business Place).
  • Copy of Rent agreement (If rented property)
  • An NOC or No Objection Certificate from the landlord of the business place.
  • DIN or Directors Identification Number of all the designated directors.
  • DSC or Digital Signature Certificate of the designated directors.
  • Memorandum of Association (MOA) and Article of Association (AOA)
Minimum Requirements for Public Limited Registration*
  • Minimum 7 Shareholders
  • Minimum 3 Directors.
  • DIN (Director Identification Number) for all Directors
  • The directors and shareholders can be the same person
  • Minimum Authorised Share Capital Rs. 500,000 (INR Five Lac).
  • DSC (Digital Signature Certificate) for two of the Directors
  • One of the Directors must be an Indian resident.
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