Public Limited Company

A Public Limited Company registration is creation of law and registered /incorporated as per the provisions of the Companies Act, 2013 and rules made thereunder. Any seven person can open public limited company with no limitation to number of members. The management structure is clearly defined, which makes it easy to appoint, retire or remove directors.This form of business is suitable for large scale of business where the capital requirement is very high and the company is willing to obtain money from the public at large. The liability of each shareholder is limited to the extent of the unpaid amount of the shares held by him. Minimum Directors shall be three (3).

Advantages

  • Separate/Distinct Legal Entity
  • Continuous Existence
  • Capacity to Sue & to be Sued
  • No Restriction on Maximum Number of Members
  • No Restriction on Acceptance of Public Deposit
  • Larger Fund
  • Transferability of Shares

Steps to come into existance

  • Apply for Digital Signature of Directors-DSC
  • Obtaining DIN ( Director Identification Number)
  • Name Approval of the proposed company in E-form INC-1
  • Preparation of MOA, AOA & other documents
  • Company Incorporation with concerned ROC
  • Allotment of PAN & TAN No.
  • Opening Bank Account
  • Start business transactions

Steps to Follow

  • Fill the query form/Call us directly
  • Fix meeting for detailed discussion
  • Submit documents
  • Get Incorporation certificate

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