Public Limited Company

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WHAT IS PUBLIC LIMITED COMPANY?

A Public Limited Company (PLC) is a separate legal business entity which offers its shares to be traded on the stock exchange for the general public. According to the regulations of the corporate law, a PLC has to compulsorily present its financial stats and position publicly to maintain transparency. For Public Limited Company in India it requires minimum of 3 Director & 7 Shareholders .

BENEFITS OF A PUBLIC LIMITED COMPANY

Limited Liability

Shareholder enjoys limited liability to the extent of capital invested. Shareholder’s personal assets protected in the event of the company’s insolvency.

Large Capital

Public Limited Company can raise a tremendous measure of capital as there is no maximum breaking point on the quantity of proprietors (investors) that an open restricted organization can have.

Perpetual Existence

Joint Stock Company has a different legitimate character from its proprietors. A business of the Company will not affect if there is any change in the ownership of the company.

Easy Share's transferability

Shares of an open constrained organization are recorded on the stock trade and are effectively transferable. An investor who needs to sell his/her offer can do as such through a stock trade

Large-Scale Operations

Since open constrained organizations have substantial scale activities, they appreciate economies of the scale. They have a superior dealing power than other type of business associations.

Growth Opportunities

As the organization has an expansive capital base development openings are likewise huge, particularly in the event of an open constrained organization.

DOCUMENTS REQUIRED FOR PUBLIC LIMITED COMPANY

Identity Proof of all the directors and shareholders.
Address Proof of all the directors and the shareholders.
PAN CARD of all the directors and shareholders.
Utility Bill of the office that you have proposed as your Registered office for your Public Limited Company.
A No-Objection certificate from the landlord of your registered office.
DSC of the directors.
DIN (Director Identification Number) of all the directors.
Memorandum of Association (MOA).
Article Of Association (AOA)