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Public Limited Company is a company whose shares are traded in stock market or issues fixed deposits. For Public Limited Company Registration, the company must have minimum 3 Directors, 7 Shareholders and Maximum 50 Directors and need Rs 5 Lakhs of Paid up Capital. A Public limited company have all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency.

Public Limited Process

1

Application of DSC & DPIN

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2

Name Approval

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3

MOA & AOA Submission

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4

Get incorporation Certificate

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5

Apply for PAN, TAN and Bank account

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Documents Required

Copy of PAN Card of directors Passport size photograph of directors
Copy of Aadhar Card/ Voter Identity Card of Directors Copy of Rent Agreement (if rented property)
Electricity/ Water Bill (Business Place) Copy of Property Papers (if owned property)
Landlord NOC  

Benefits of Public Limited Company

 

  • Separate Legal Entity
  • Uninterrupted Existence
  • Borrowing Capacity
  • Easy Transferability
  • Owning Property

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