A Public Limited Company can be incorporated under the Companies Act of 2013. This type of company offers limited liability and the ability to issue shares to the public, making it ideal for large-scale businesses that require substantial capital. Incorporating a public limited company not only enhances its professional standing but also provides protection for its identity through trademark registration, preventing unauthorized use.
Shareholders' liability is limited to their investment in the company, protecting their personal assets from company debts and liabilities.
A public limited company can raise significant funds by offering shares to the public, making it easier to secure capital for large-scale operations and expansion.
Incorporating as a public limited company enhances the company's reputation and credibility in the market, making it more attractive to investors, customers, and partners.
Shares of a public limited company are easily transferable, offering liquidity to shareholders and making it easier to bring in new investors.
Aadhar / Voter ID / Driving licence / Passport
The Address proof of the members along with the Proof of the registered place of business (Ownership documents/ rent or lease agreement) or any bill in relation to electricity /landlord bill / bank statement.
The photos of the respective Directors , shareholders and designated authorities should submit for the clarification and proof of the concerned person.
The PAN card of the respective Directors, shareholders and designated authorities of the company.
Digital signature is the electronic signature format of the Directors / signatory authority for the purpose of e-filing the Register of Companies.
No objection certificate by the owner / landlord must be enclosed.
No maximum limit for members and the minimum members required is 7 members.
No minimum capital required for incorporation of a public limited company.
Yes, any Non Resident Indian (NRI) or Foreign National can become Directors but there should be at least one Indian resident on the Board of directors.
No, the personal assets of the members will not be used even for unpaid debts; only the profit earned and shareholding will be used to pay back debts.
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