Public Limited Company
Public limited companies are the companies who offer shares to the public. PLC is a separate body by the voluntary of members, which also have a legal existence. Public limited is a group of member s who has their own liability and existence. its functionality are followed by government rules and policies .All PLC are register under the ACT ,2013 .its contains all the provisions.
There are categories of Public Limited Company
1. Maharatna
2. Navratna
3. Miniratna
What is Public Limited Registration??
Registration is a process to register a company as public limited whose shares are traded in market.as a public limited is registered with a group of member so it has an advantage that private limited ,also members have less liability and ease in transfer of shares and more transparency and strong base in market. A PLC has give less liability to its owner and core management .As PLC based on shares, this is the key point to raise a capital. PLC have minimum three directors, that are mandatory to register as a Public Limited.
Advantages to register as a Public Limited
- Any numbers of members
- Ease in transfer of shareholding
- More transparency
- Identity mark of public limited
- Formation, Management
- Limits the liability to its partners
- Good Image and credibility in market
Essential Point For Public Limited Company
Minimum Three (3) Directors and Seven (7) shareholders required to register a Public Limited Company.
As per the latest amendment the cap for paid-up capital has been removed, but capital fee has to be paid for Authorized capital and it should be Rs. 5,00,000/- and not less than that.
Just open a bank account on company name and run your business.
Documents Required For Nidhi Company (All Soft Copy)
1. One Passport size photograph of All Directors.
2. Self-Attested PAN card copy of All the Directors.
3. Self- Attested Proof of Identity (Like-Voter ID, Passport, Driving License, Aadhar Card) any one of All the Directors.
4. Business address proof (Any One of Electricity Bill, Telephone Bill, Property, Gas Bill, Tax Bill).
5. If Rented Business (Rent Agreement Copy) or if own (sell deed)
6. Company Name
7. Company Service or object or product Name
Procedure Required for Registration Completion
Complete Form
You are required to fill details in our online questionnaire and submit documents.
Time: 1-2working days
Obtain DSC and DIN from us
After submitting your documents we will provide you with DSC and DIN.
Time: 1 working days
Verification and Name Approval
Details provided by you will be verified and we will apply for name approval.
Time:2 working days
Document Submission
We will create all the required documents and file them with ROC on your behalf.
Time: 4 working days
Completion of Registration
As the registration complete after all the procedure we send you the documents
Time:- 1-2 day
