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Distinct Features of Public Limited Company

A limited liability corporation is referred to legally as a public limited company. This indicates that the management and owners have limited responsibility under the public corporation. It has restricted liability and provides shares to the general public. Anyone may purchase the shares through an initial public offering or through trading on the stock market. Offerings like this help the business raise funds.<br>

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Distinct Features of Public Limited Company

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  1. Distinct Features of Public Limited Company

  2. AN INTRODUCTION TO PUBLIC LIMITED COMPANY A limited liability corporation is referred to legally as a public limited company. This indicates that the management and owners have limited responsibility under the public corporation. It has restricted liability and provides shares to the general public. Anyone may purchase the shares through an initial public offering or through trading on the stock market. Offerings like this help the business raise funds.

  3. SOME DISTINCT FEATURES OF PUBLIC LIMITED COMPANY Directors A public limited company must possess a minimum of three directors, according to Section 149 of the 2013 Companies Act. A firm is also limited to a maximum of 15 directors. Limited Liability Each shareholder only has a small amount of obligation. Contrary to partnerships & sole proprietorships, where the partners & business owners are jointly

  4. SOME DISTINCT FEATURES OF PUBLIC LIMITED COMPANY Paid-Up Capital A public limited company must have at least 5 Lakh INR in paid-up capital or the highest amount permitted by law. Name A public limited company must have at least 5 Lakh INR in paid-up capital or the highest amount permitted by law. Prospectus Public limited companies are required by the Act to publish a prospectu

  5. Conclusion The expert, CAs/ CS of Online legal India, are here to help you with your company registration queries.

  6. Contact Call - 08069029400 Website - www.onlinelegalindia.com Email - info@onlinelegalindia.com

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