Public Limited Company Registration

A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. A public limited company is a voluntary association of members, which is incorporated and therefore has a separate legal existence and limited liabilityof its members to the extent of the amount of shares subscribed. Minimum share capital requirement is of Rs.5 Lakhs, and the minimum number of 7 persons is required as shareholders and 3 as directors to set up a limited company

Benefits of Public Ltd Company

Wide scope of Fund raising. Shares are offered to the general public at large i.e. anyone can invest in a public limited company.Thereby, the scope of fund raising is the largest.

Separate Legal Entity. A Public Ltd Company being a separate legal entity, the shareholders of the company isn’t personally responsible for any loss or debts of the company for any amount greater than the amount invested by them.

Largest scope of growth and opportunity. Being the largest business setup in India, the scope of growth for a public ltd company is also huge.

Documents Required

PAN number (of all the shareholders and directors)

Proof of address (of all the directors and the shareholders)

Business address proof (Utility Bill of the proposed office)

NOC (from the owner of the registered office)

Director Identification Number (DIN) of all the directors

Digital Signature Certificate (DSC) of the directors

Memorandum of Association (MOA)

Articles of association (AOA)