Public Limited Company Definition In India

A public limited company plc is a separate legal business entity which offers its shares to be traded on the stock exchange for the general public. While there is no limit on the number of members it is formed by the association of persons voluntarily with a minimum paid up capital of 5 lakh rupees. This company is strictly regulated and is required to publish its true financial health to its shareholders from time to time.

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A public limited company under company act 2013 is a company that has limited liability and offers shares to the general public.

Public limited company definition in india. As per the governing rules the incorporation of the corporate formalities is that the same everywhere india. No shareholder is individually liable for the payment. The liability of a public company is limited. And therefore public limited companies are also very famous and popular by industrialists and investors belonging to various economic fields.

A public company is headed by a board of directors. A public limited company is pre requisite for trading on the stock exchanges. Hence in ours this webpage we are offering exclusive and very productive information regarding the registration of public limited companies in all across india. Read here to know more.

100000 or such higher capital as prescribed by the companies act. There are two types of the companies in india limited by shares viz. A public limited company is a joint stock company. Private limited company and public limited company.

A private company is the one which has a minimum paid up share capital of rs. According to the regulations of the corporate law a plc has to compulsorily present its financial stats and position publicly to maintain transparency. It is governed under the provisions of the indian companies act 2013. We have rich experience in providing services for formation of a public limited company incorporation of company in india online company registration in india and company registration in india.

Formation of public limited company. The public limited company is a separate legal entity and each shareholder is a part of it.