Public Limited Company - Overview
A Public Limited Company is registered according to the rules and regulations of the Companies Act, 2013. A public limited company has limited liabilities when compared to private limited companies
A public limited company has all the right to sell its shares. Shares shall be sold for the benefit of raising capitals. Any interested investors can fund in the shares of a public limited company
A Public Limited Company has a minimum of three Directors are required and there is no cap on the maximum number of members. It must have a least number of seven individuals while there's no constrain for the greatest number of individuals.
Documents Required For Registration
- Foreign Nationals nationality proof A valid passport is a must for foreign nationals.
- Identity Proof of Shareholders and Directors, such as aadhar card and Voter ID/ Passport/ Driving License.
- Address Proof of Shareholders and Directors, such as the latest Telephone Bill /Electricity Bill/ Bank Account Statement.
- 2 Passport size photograph of Shareholders and Directors of updated.
- Business Address Proofs such as latest Electricity Bill/ Telephone Bill of the registered office address
- NOC or No Objection Certificate to be obtained from the owner(s) of registered office
- Rent Agreement is needed if the registered office is a rented place.
- Pan Card PAN number of all the shareholders and directors
Process To Register
- Applying for Digital Signature Certificate or DSC.
- Applying for the Director Identification Number or DIN
- Checking name availability and Applying for the name availability.
- Drafting of MoA, AoA& other required documents and Filing of the EMoa and EAOA to register a public limited company
- Applying for the PAN and TAN of the registering company
- Certificate of incorporation will be granted by RoC with PAN and TAN
- Opening a current account on the company name in an authorized bank
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