What is Public Limited Company?

A Public Limited Company is also most popular, prevalent and well recognized type of Business form in India for Large and Medium Businesses. Like Private Limited Company, a Public Limited company is also governed by Companies Act, 2013 and rules framed thereunder. A Public company is allowed to raise capital by issue of shares to the public. For Incorporation of a Public Limited company, a minimum of seven shareholders and three directors are required. Companies Act 2013 , have more strict provisions for Public Limited Company as compared to a Private Limited Company.

A public limited company has all the benefits of private limited company and most important is the ability to have any number of members, easy transferability of share and more transparency.

  Self Attested copy of PAN for Indian Nationals and Notarised Passport for Foreign Nationals.

  Self Attested copy of Identity Proof of all the Directors and Shareholders- Voter Id/ Driving License/ Passport/ Aadhar Card/
   Bank Statement / Electricity Bill (Any One)

  Self Attested copy of Additional Identity Proof of all the Directors and Shareholders - Bank Statement / Electricity Bill/
   Telephone Bill/ Gas connection Bill (Any One)

  Municipal Registered Deed/ House Tax Paid Receipt of the Registered Office (if owned) Rent Agreement & NOC is also
  required in case property is not owned.

  Additional Proof of the Registered Office- Electricity Bill/ Telephone Bill/ Mobile Bill (Any One)

  Bank Statement/ First Page of Pass Book/ Printed Cancelled Cheque is required for Bank Account proof which must contain
   Account No & IFSC Code (For GST Registration).

  Required Business Name.

  Hard Copy of Digital Signature Application Form signed Individually by all the Directors/ Subscribers

We at Compliance Advisor are providing registration and Compliances services in India, offering registrations of Limited Liability Partnerships (“LLPs”), Partnerships, Private Limited Company, Public Limited Company, one person company (“OPCs”), Nidhi Company, Section 8 Company, Producer Company and Indian Subsidiary of a Foreign entity. Average 10-15 working days required to complete a Incorporation, subject to submission of complete documents by the client and the government processing time.

For any query related to Incorporations and business formation in India, get free advice by scheduling an appointment with a Compliance Advisor.