Mohali - Chandigarh
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Get relaxed! Keep planning for your business growth & let India’s recommended team of CA/CS register your Public Limited Company with extended assistance on Documentation, Preparation, Filing and subsequent Follow-ups with ROC & the MCA.
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Identity Proof
(Aadhaar / Voter ID card, Driving License) of all the designated Directors and Shareholders
Address-proof of the Directors and Shareholders
Directors’ and Shareholders’ PAN Card details
Residential proof of the registeredBusiness Address (Telephone / Gas / Water / Electricity bill which should not be older than 2 months)
An NOC or No Objection Certificate from the of the business place’s owner
Company’s Memorandum of Association & Article of Association
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Expert advice from Highly Experienced CA/CS
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In a Public Limited Company, the accountability of the Shareholders and Directors is limited according to the amount of the shares they own in the organization. For instance, if the public limited company face any financial emergencies,the personal assets of the shareholders will not be affected as per the regulations.
In a Public Limited Company, the existence of the entity does not depend on any individuals’ presence in the organization. For example, any Shareholder or Director may leave the organization without affecting the actuality of the particular Public Limited Company.
Following the regulations of the Companies Act, 2013, the shares of a Public Limited company can be transferred without any hassle. Added on that, being listed in the Stock Exchange andtransferability feature, people are always willing to invest leading to financial aids for the same.
It is always beneficial for an organization while being registered as a Public Limited company. Being listed in the Stock Exchange and publishing the reports to its people enhances its Brand Image and reputation in the market.
Unlike a Private Limited organization, Public Limited companies can list themselves to the IPO (Indian Public Offerings) and the popular Stock Exchanges. This leads to several business-related benefits and opportunities.
A Public Limited Company can raise its resources by crowd-funding or from the common people’s involvementfollowing the legal aspects. It helps an entity surviving in the marketplace and going for new ventures with ease.
As a Public Limited company involves public interaction and involvement in all the stages, the organization always looks for clarity in the business operation by publishing the Audit Credentials, Statutory Reports to its people.
The Companies Act, 2013 of the Indian Govt. regulates and oversees the registration procedure for a Public Limited company. In addition,the Registrar of Companies (ROC) regulates the process with the Ministry of Corporate Affairs (MCA).
Definitely! A Public Limited company can enroll itself inseveral stock exchanges in India and raiseits capital from the stock market itself.
The key condition while registering a Public Limited company is the minimum paid-up share capital ofRs. 5 Lakhs. Though,it has been repealed by the Companies (Amendment) Act, 2015 of the Indian Govt.
A Public Limited Company’s key liability lies on keeping transparency of its business operation and the flow of its funds. The organization is required to regularly publish the Audit Reports, Statutory credentials and its Annual Compliances with ROC/MCA, RBI, SEBI, etc.
