A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders.
One of the advantages of a public limited company is that, as with a private limited company, a PLC is set up as a separate legal entity, which means that you won’t be financially or legally liable for losses made by the business. Other advantages of a public limited company include:
The director needs to be at least 18 years of age. Any individual can become the member of the Public limited company including foreigners/NRI’s.
No, you do not have to be present at our office or appear at any office for the registration of a Public Limited Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.
There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
A limited company must hold a Board Meeting at least once in every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Limited Company, at least once every year.
Yes, an NRI or Foreign National can be a Director in a Public Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.
I am very pleased with the project you have done, and especially your commitment to providing a quality solution when it meant going the extra mile to do so.
WE WORKED WITH THELEGALBANK TO REGISTERED OUR COMPANY Protocloud Technologies PVT. LTD. THE COMPANY IMPRESSED US WITH THEIR SERVICES.
WE WORKED WITH THELEGALBANK TO REGISTERED OUR COMPANY PIXYRS SOFTECH & RESEARCH PRIVATE LIMITED THE COMPANY IMPRESSED US WITH THEIR SERVICES.
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