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Public Limited Company

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All about Public Limited Company

Public limited company is one of the most famous and traditional way to do business. A public limited company is a voluntary association of members that are incorporated and, therefore has a separate legal existence and the liability of whose members is limited. Public limited companies are listed on the stock exchange where it’s share/stocks are traded publicly. Documents required for registration of Public Limited Company

    Need Help? Quick Public Limited Company Registration

    Public Limited Company Registration








    Corporate Genie Plans

    Basic Plan

    Rs. 14,999
    • Register your Public Limited Company at Ministry of Corporate Affairs
    • Advice, Drafting & Filing by Experts
    • Spice +PartA, Spice +PartB
    • MCA Processing and COI
    • Company PAN
    • TAN
    • Drafing MOA
    • Drafing AOA
    • Allotment of Three DIN
    • Current Accounting Opening in the Nearest Branch

    Smart Plan

    Rs. 19,999
    • Register your Public Limited Company at Ministry of Corporate Affairs
    • Advice, Drafting & Filing by Experts
    • Spice +PartA, Spice +PartB
    • MCA processing and COI
    • Company PAN
    • TAN
    • Drafing MOA
    • Drafing AOA
    • Allotment of Three DINs
    • GST Registration
    • The First Board Resolution Documentation
    • Consent Letter Drafting
    • ADT-1 Appointment of the Auditor

    Mega Plan

    Rs. 48,999
    • Register your Public Limited Company at Ministry of Corporate Affairs
    • Advice, Drafting & Filing by Experts
    • Spice +Part A, Spice +Part B
    • MCA Processing and COI
    • Company PAN
    • TAN
    • Allotment of Three DIN
    • Current account opening in the nearest branch
    • Drafing MOA
    • Drafing AOA
    • One Trademark Application
    • Appointment of Auditor
    • Financial Statements preparation
    • MCA Annual Return filing
    • DIR-3 Director KYC generation
    • Income Tax Return filing
    Corporate Genie

    Some conditions need to be fulfilled before registration of Public limited company

    At least 7 Members on-board
    Minimum 3 Directors, one of them must be a resident of India
    The Directors and the Shareholder can be the same individual
    Minimum Authorized Capital Rs. 5,00,000
    Address of the Company’s registered office
    Main Object Clause of the Proposed Company
    Directors of the Proposed Company will need a DIN
    DSC of all the Directors

    Documents Required

    PAN Card Details of all the Designated Directors and Shareholders.
    Identity Proof (Aadhaar / Voter ID card, Driving License) of all the Designated Directors and Shareholders.
    Address-proof of all the Directors and Shareholders.
    Utility bill of the proposed office i.e. proposed registered office for the company.
    No Objection Certificate or an NOC from the of the business place’s owner.
    Company’s Memorandum of Association & Article of Association.

    Advantages of Public Limited Company

    Limited liability

    Separate legal existence.

    Can be registered on stock market.

    Easily get loans and grants.

    Complete transparency of business.
    Corporate Genie

    Process to obtain registration

    Fill the required details in the form.
    Make payment.
    Expert will ask for necessary documents.
    We will apply for DSC & the DIN Number for Director.
    Draft will be prepared for necessary documents like Consent, MOA & AOA.
    All the documents will be submitted to ROC.
    As when ROC approves application for Certificate of Business Commencement will be processed.

    FAQ

    A Public Limited Company is incorporate and regulates as per the provisions of Companies Act, 2013 of the Indian Government. In addition, the Registrar of Companies (ROC) regulates the process with the Ministry of Corporate Affairs (MCA).
    Liability of the shareholders of a public company is restricted to the capital invested in the company, and hence shareholders are not personally liable.
    A Public Limited company is required to have a minimum paid-up share capital of Rs. 5 Lakhs.

    Comparison

    Private Limited CompanyOne Person CompanyLimited Liability PartnershipPartnership Firm Proprietorship Firm
    Act Companies Act, 2013 Companies Act, 2013 Limited Liability Partnership Act, 2008 Indian Partnership Act,1932 No specified Act
    Registration Requirement Mandatory Mandatory Mandatory Optional No
    Number of members 2 – 200 Only 1 2 – Unlimited 2 – 50 Only 1
    Number of Director/Partner 2 – 15 Only 1 2 – Unlimited 2 – Unlimited Only 1
    Separate Legal Entity Yes Yes Yes No No
    Liability Protection Limited Limited Limited Unlimited Unlimited
    Statutory Audit Mandatory Mandatory Dependent Not mandatory Not mandatory
    Ownership Transfer ability Yes No Yes No No
    Uninterrupted Existence Act Act Act Act Act
    Foreign Participation Allowed Not Allowed Allowed Not Allowed Not Allowed
    Tax Rates Moderate Moderate High High Low
    Statutory Compliance High Moderate Moderate Less Less