public limited company |
The Public Limited The company is defined as a company which has limited liability and offers its
share to the general public. This company is registered under the Companies
Act, 2013, which states that any seven-member company can start a PLC with any
number of shareholders.
The stock of the company can be acquired by any person,
with the assistance of initial public offering (IPO) privately or by trading on
the stock market. Its regulations are very strict and require the publishing of
the true financial condition of the company to its shareholders.
This form of business
is mostly suited for large scale business forms, as they have a high capital
requirements and are willing to obtain investments from the public. Forming a public limited company can be very difficult doing alone, hence there are some
trusted and professional legal firms which extend their remarkable services
from initial consultation, drafting of the object, name selection, filing of public ltd company registration, follow up with ROC until the final certificate is
issued.
Advantages of Public
limited companies registration
Provided below are the
advantages of registering a public limited company:
- The capital of the company is increased, as the shares are offered to the general public.
- As the business gets listed on the stock market, the mutual funds, hedge funds, and other traders become aware of the company. This may lead to an increase in business opportunities.
- As there is minimal risk in this form of company incorporation, it leads to rapid growth and expansion of a business.
Incorporation of a
Public Limited Company is an advantageous method for those who want to business
on a large scale. With the involvement of public funds, the risk is reduced,
and opportunities are increased. But it is advisable to take legal firm assistance
for the process, to assure easy incorporation.
Company Registration In India
Email: Contact@Company-Registration.in
Call/Whatsapp: 8800100284
Website: www(dot)company-registration(dot)in
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