Complete Guide on How to Register a Public Limited Company in India
Registering a public limited company in India is a crucial step for businesses aiming to grow, raise capital from the public, and gain credibility in the market. This article explains How to Register a Public Limited Company in India, detailing the requirements, eligibility criteria, and step-by-step process. What is a Public Limited Company? A public limited company (PLC) is a type of business entity that can raise funds from the public by issuing shares and debentures. Unlike private companies, a PLC allows its shares to be traded on stock exchanges, giving access to large-scale capital. Key Features of a Public Limited Company: Separate Legal Entity: The company has a distinct legal identity from its owners. Limited Liability: Shareholders are liable only up to their invested amount. Ability to Raise Capital: Shares can be offered to the public. Perpetual Succession: The company continues to exist despite changes in ownership. Minimum Number of Members: At least seven me...