Public Limited Company
How to Register a Public Limited Company in India?
ncorporating a public limited company is a systematic process of collection and submission of details required as per the requirements of Companies Act 2013 and as per the process defined by the Ministry of Corporate Affairs from time to time. Management of the process requires in-depth knowledge of legal requirements and not to mention, practical experience of the same
Why register a public limited company?
Shields from personal liability and protects from other risks and losses.
Attracts more customers
Procures bank credits and good investment from reliable investors with ease.
Offers liability protection to protect your company’s assets
Greater capital contribution and greater stability
Increases the potential to grow big and expand
What to keep in mind while registering a public limited company?
Three Directors and Seven Shareholders
A public limited company must have at least three directors and a minimum of seven shareholders. Among all the directors in the business, at least one must be a resident of India
Unique Name
The name of your business must be unique. The suggested name should not match with any existing companies or trademarks in India. The proposed name and trademark can be checked
Minimum Capital Contribution
There is no minimum capital amount for a public limited company. A public limited company should have an authorized capital of at least Rs. 5 lakh.
Registered Office
The registered office of a public limited company does not have to be a commercial space. Even a rented home can be the registered office, so long as a NOC is obtained from the landlord.