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Public Limited Company

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    Public Limited Company

    A Company is an artificial person created by law. It grants limited liability to its owners and management and also offers shares to the public which can be acquired by anyone, either privately, during an initial public offer or through stock exchange trading.

    Public Limited Company

    For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.

    Lawgical Guru, helps in corporation of Public Limited Company from anywhere in India. Our experts have incorporated 100+ Public Limited Company and have huge experience in setting up such form. We also provide all sorts of legal assistance in Starting and Setting up of New Business.

     

    ADVANTAGES –

    FREELY TRANSFERRABLE SHARE- Shareholders can transfer their Shares with great ease.

    CREDIBILITY – A Public Limited Company also commands better credibility when compared with an LLP or a proprietorship firm. More preference is given to public limited company in giving loan.

    Exhaustive Compliance Structure- A public limited company has an exhaustive structure of rules and regulations to be followed, i.e. provisions of Companies act 2013, listing agreement (for listed companies), along with notifications, circulars, and orders issued by the government from time to time.

    Perpetual Succession – Public limited Company enjoys the benefit of perpetual succession as it does not get affected by the death, insolvency, the bankruptcy of any of its members.

    Documents Required For Public Limited Company

    • Pan Card of All Director/ Subscriber(Driving Licence/Voter Id/Passport)
    • Address proof of All Director/ Subscriber.
    • Bank Statement of all Directors( latest by 2 months )
    • Passport size colour photo in jpeg format of Directors
    • Address Proof of Office/Place (Electricity Bill latest by 2 months) and NOC/Rent Agreement
    • DSC (Digital Signature Certificate)

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