Public Limited Company are incorporated under the eyes of Law and governed through Companies Act, 2013. Public Limited Companies are registered with Ministry of Corporate Affairs. Public Limited company enjoys the benefit of Limited Liability. There is a minimum requirement of three directors and atleast seven members to form the Public Limited Company. Shares of Public Limited Company can be traded to the General Public through listing with the Stock Exchanges. There are some more stringent compliances as compare to the Private Limited Company.
Filing Samadhan is assisting for formation of Public Limited Company in easy steps.
Some of the advantages of a being Public limited Company are as under:
Easy access of Capital: Public Limited company can easily raise the Capital from the existing as well as new investors and Public at Large.
Shares can be Traded: Shares of the Public Limited Company can be traded in the market very easily. Shareholders can buy and sell their shares of the Listed Companies i.e. if the shares of the company are listed with any of the stock exchange
Value of Shares: The value of the company can be easily determined based on the market capitalisation.
Easy Acquisition: Public Limited Company can be easily acquired by offering shares to the shareholders of the acquiring firm.
Market Reputation:- Public limited Company has a very prestigious profile.
Easy Exit: In Public Limited Company shareholders can be easily exit just by transfering their shares.
PAN Card of proposed Directors
No Objection Certificate (NOC) from the owner
Latest Photographs of the proposed directors
Electricity / Water / Telephone Bill / Bank Account Statement of the proposed director
Separate Legal Entity
A company is a separate legal entity, a juristic person established under the Act. It enjoys a separate legal status distinct from its members.
Company will not be affected with the change of Director or death of any member. It is continuous existence of Organisation despite of any changes.
A public Limited company can raise funds from the public by issuing debentures or other securities as there is no restriction on the number of the member as in case of private limited company.
Raising Money from Public
Company can raise a large amount of funds from the public by issuing equity, debentures or other securities.