REGISTRATION OF PUBLIC LIMITED COMPANIES
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REGISTRATION OF PUBLIC LIMITED COMPANIES
A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market.
As per the provisions of the Companies Act, 2013 to start a public limited company, a minimum of 3 directors are required.
- Separate Legal Entity
- Increased capital adequacy
- Increased growth and expansion opportunities
- More credibility and long term stability.
- Involvement of public as compared to a Private Limited company resulting in increased disclosures and transparency.
