Title: Public Limited Company Registration process
1Public Limited Company
2What is Public Limited Company?
A Public Limited Company is a type of business
entity which enjoys the advantage of limited
liability and also offers shares to the public.
Anyone can buy the shares of this type of company
through a private or public offering or through
the stock market. In a business, shares can be
sold to potential investors to raise the
companys capital. It can be incorporated with a
minimum of seven numbers and a minimum of three
directors. There is no maximum limit of members,
not like a private company. A Public Company
will relish all the benefits of a private company
and additionally, it has the advantage of adding
many members to the company.
3What are the advantages of registering a Public
Limited Company?
- Public limited company registration offers many
advantages such as - - Raise Capital- Anyone can invest in your company
by selling shares to the general public, which
means greater options for raising capital. - Limited Liability- In case the company becomes
bankrupt and is unable to pay off its business
liabilities, the personal assets of the
shareholders can not be used to repay the
liabilities of the company. - Perpetual Succession- Public limited company is
considered as a separate legal entity. There is
continuity even if any of the shareholders should
resign or die. - Transferability- Transfer of shares of Public
limited company can be done simply by signing
share transfer forms and handing over the Share
Certificates.
4What are the documents required for registering a
Public Limited Company?
- Documents required for registration of a Public
limited company are as follows - - Identity Proof
- Address Proof
- PAN card of all Directors
- NOC
- Additional documents
5How to register a Public Limited Company?
- Documents required for registration of a Public
limited company are as follows - - Obtain DSC (Digital Signature Certificate) from
MoA (Ministry of Corporate Affairs) - Apply for DIN
- Name approval
- Incorporation of Public Limited Company
6About
MyEfilings is the leading Online company
registration portal in India. We excel in
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7Thanks for watching this presentation till the
end. If you have questions regarding Public
limited company feel to contact us on
support_at_myefilings.com
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website- https//www.myefilings.com/
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