A Public Limited Company, generally called Public Company' is company incorporated under Companies Act 2013 . The liability of shareholders is limited to the capital invested. As the name reveals, public limited company has a wider coverage than a private limited company. Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.,
Digital Signature Certificate ( DSC is required for e-filling with MCA. A DSC application need to be filed along with ID and address proof duly attested by bank manager, gadzeted officer or post master. )
Its a unique number which is alloted to the Director of a company by the Ministry of Corporate Affairs (MCA).
A minimum of one and maximum of six proposed name can be submitted to the MCA for name approval. Name approval will be obtained within 1 working days.
MOA and AOA are drafted in line with the provision of Companies Act 2013. MOA is a legal documentation which defines activity of the company. AOA is the rule book of company operations.
After submitting the documentation the Ministry of Corporate Affairs will issue a certificate of incorporation.
Once the Ministry of Corporate Affairs issue the company incorporation certificate, we will apply for the TAN & PAN.