A Public Limited Company is a company with limited liability towards its shareholders. The public limited company offers shares to the Public and are traded on the stock exchange for the benefit of the company in raising funds. Public Limited Company Stocks can be bought by anyone. A minimum of 3 directors are required and there is no restriction on the maximum number of directors in a public limited company.
In a public limited company, the liability of each shareholder is limited. A minimum paid-up capital of Rs 5 lakh or such higher amount is required and a minimum of 7 shareholders and no restriction on the maximum number of members are required to form a public limited company. Since the shares are sold to the public the risk is spread out and thus, there is a better opportunity for growing and expanding the business by investing in new projects from the money raised through shares.
Arama will help you in getting your Company registered as a limited company under the Companies Act, 2013Â and Help you in Obtaining Business licenses necessary for the proper running of businesses. We will create all the required documents and file them on your behalf