Public Limited Company Registration

Public ltd company

A Public Limited Company, generally called Public Company' is company incorporated under Companies Act 2013 . The liability of shareholders is limited to the capital invested. As the name reveals, public limited company has a wider coverage than 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 limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. 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. 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, etc.,