What is the Public Limited Company?

A Public Limited Company in India has all the benefits of a corporate organization jointly with the characteristics of Limited Liability. Registration of a Public Ltd. Company is under the provisions that are specified under the Companies Act 2013. A public Limited Company can offer shares to the public. A public Limited company gets listed with the stock exchange to increase capital from the common pubic. Directors manage the business in a public limited company and it is possessed by shareholders.

The rules and the regulations of a Public Limited company are inflexible and strict as compared with a Private Limited Company. To register a Public Limited Company, it is important to tally all the legal requirements. The number of Directors, Number of shareholders, minimum paid-up share capital is needed to be noticed while registration of a Public Ltd. Company. There are growth opportunities on registration of a Public Limited Company. It is observed to be a separate legal body from the shareholders. The company is controlled by the Board of Directors. The investors elect the Board of Directors.  A Public Limited Company has an everlasting existence and can have its PAN, bank account, licenses, assets and liabilities.

What are the Documents Required for Private Limited Company Registration?

Company Documents Required

  • Registered office address proof (Phone Bill, Electricity bill, the gas bill that should not be older than 2 months)
  • Name of the company chosen
  • Percentage of shareholding between subscribers
  • Mobile number and e-mail id of directors
  • Qualification and place of birth of directors
  • The activity of the company
  • Share Capital- Authorized and Paid up.

Director’s Documents Required

  • Copy of Voter Id card/ Driving License/Passport (self-attested)
  • Copy of Pan Card (self- attested)
  • Copy of address proof (Electricity bill, phone bill, a bank statement that should not be older than 2 months)
  • Photographs of Director’s