What is public limited Company?
A Public Limited Company is a Company limited by shares in which there is no restrictions on the maximum number of shareholders. It can solicit deposits and can issue shares or debenture to public. Its shares or debentures to Public and can make or accept deposits from Public and there are no restrictions on the transfer of shares. The liability of each shareholder is limited to the extent of the amount of shares subscribed. However, the liability of a Director / Manager of such a Company can at times be unlimited.
The minimum number of shareholders is 7 and Directors is 3 and there is no cap on the maximum number of shareholders.
The time required to incorporate a company depends on documentation & name approval of the company. Our team to complete the incorporation process within a period of 25 Days. Attention of the applicant is invited towards Name availability Guideline so that while deciding the Name of company applicant is well aware of the provisions