
PUBLIC LIMITED COMPANY
A ‘Public Company’ is a limited company formed with minimum of 7 members and 3 Directors. There is no restriction for Maximum number of members in a Public Company.
The name of the company should end with the words ‘Limited’. Subject to the compliance of the Companies Act, a company can issue shares to the public and can accept deposits from the public. Operations of public limited companies are subject to more stringent compliance of many of the restrictive provisions of the Companies Act.
Finlynx helps find solution for your business problems that are actually implementable. That is their strength compared to other consulting companies.
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REQUIREMENTS
For registration of Public Limited Company certain requirements should be complied with.
Directors
There should be two minimum 7 directors and there is no limit for the maximum directors.
Shareholders
Minimum 7 shareholders. Even another Private limited company or LLP can also be the shareholders in the company.
Capital contribution
All the shareholders should bring the capital. Minimum capital of the company can be Rs.500,000 (Five Lakh).
Digital Signature
Digital Signature for all the directors
Documents Required
- PAN Card or Passport (Foreign National & NRI)
- Voter’s ID/Passport/Driver’s License
- Latest bank statement/telephone or mobile bill/electricity or gas bill
- Passport-sized photograph specimen signature
- Rental agreement in English language in case of rented building
- Sale deed/property deed in English (in case of owned property)
- Latest bank statement/telephone or mobile bill/electricity or gas bill
- No-objection certificate from the property owner
How can we help you? Why Finlynx.
Though company registration is completely online, it requires lot of document preparation including MOA & AOA, Notarizing the documents, filling up the relevant form and many more.
Finlynx Experts will help you to do all process on your behalf which helps you sit at home and plan your business.
Steps Involved
- Apply for DIN & DSC
- Check Name availability and apply for it
- Get Company Name Reservation
- Prepare the relevant document and fill the forms
- Submit online forms.