A public Limited Company is a type of company where it is deemed as one of the most trusted sector of registered companies. Public Limited Registration is suitable for medium to large scale of businesses. A PLC is incorporated under the Provisions of company Act of 2013.The criteria is that there must be a minimum of 7 shareholders and 3 directors present at the time of incorporation of the company. The Directors and Shareholders should be same person in sense they must be taking part in dual role in the company.
The primary reason for going with Public Limited company registration is that it provides limited liability for the shareholders, which means that that are only responsible for the unpaid portion of their shares and treats them as separate entity hence is safer in nature for the other shareholders and the company’s existence.
The loan procedure for Public limited companies are easier as the Bank gives the at most importance in terms of trust in public limited companies. The shares can be exchanged in terms of stocks in public point of view. They are easily transferable between the members.
At Unilex Consultants we provide you a hassle free registration process which would be dealt by our professionals within a time frame of 12-15 days and is subjective to governmental processing time. Our team takes care of the documentation and aids in provide you the realistic estimation of cost.
Legal protection and a limited liability to the shareholders are the main reason why business registration seek online company registration route.
pvt ltd company registration would exist in succession fashion as the governmental body treats it as a separate entity in terms of law.
As a result of getting displayed on stock market people will be able to easily and quickly recognize the brand or name of the company. The more brand recognition and capital a company has, the more business and it will have.
The most obvious advantage of being a public limited company is the ability to raise share capital from the public for growth and diversification, particularly where the company is listed on a recognized exchange.
Unlike normal Partnership firms, LLP firms, company registration more recognition as they are regulated in company point of view by law.
The written agreements are legally enforceable meaning they are valid as long as they go by Contract Act of Indian Government under Partnership Act of 1932.
1-2 working days
3-4 working days
3-5 working days
|Sl. No.||Particulars||Private Limited||Public Limited|
|1||Minimum Paid Up Capital||No minimum criteria||No minimum criteria|
|2||Transfer of Shares||Restricted||Freely|
|4||Listing||Cannot be listed on a stock exchange & is held privately by the members.||Can be listed on recognized stock exchange and trade publicly.|
|5||Subscriber Shares||Has no right to invite public for subscription.||Can invite the general public for subscribing shares of the company.|
|6||Managerial remuneration||Cannot Exceed more than 11% of Net profits.||No restriction|
|7||Minimum Requirement||Director-Three Shareholder/Members- Two *Directors and Shareholders can be the Same person.||Director-Three Shareholder/Members- Seven *Directors and Shareholders can be the Same person.|
Well with highly qualified professionals in our team along with the technology gives edge over others, as a result highly rated professional services with full customer satisfaction is assured. We help to grow and manage your business letting you to concentrate on your business.
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