Public Limited Company

Public limited company registration can be done with minimum of three directors and seven shareholders. Benefit of public limited company incorporation is limited liability to its promotors, directors and to its management unless some fraudulent activity done. Public limited company also allow promotors and directors to raise capital through sell of shares to investors and to public. Public limited company has more regulatory requirement as compared to private limited company, but the advantage is limited company can have any number of shareholder. In limited company shareholding can be transferred easily and with even more transparency. Limited company has been defined by companies act 2013 and Public limited company incorporation has been governed by Company Incorporation Rules, 2014 along with various regulatory department according to nature of the business. Following documents are required before going to register a public limited company in India: –

  • Pan copy of all proposed director and shareholder
  • Aadhaar copy of all proposed director and shareholder
  • Four photographs of each director and shareholder
  • Latest Mobile Bill or Bank Statement of all directors and shareholder
  • Electricity Bill with NOC form Director (in case of rented premises Electricity Bill along with rent agreement and NOC form owner of the premises)