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.