Startup
Public Limited Company
A public limited company is a voluntary association of members which is incorporated and, therefore has a separate legal existence and the liability of whose members is limited
0
+
Business Served
in 5+ years
0
rated on Google
by our customers
0
hr
24x7 Support
Available Always
Get Started Today!
A public limited company is a voluntary association of members which is incorporated and, therefore has a separate legal existence and the liability of whose members is limited. Its main features are
Main features of Public Limited Company
The company has a separate legal existence apart from its members who compose it. A company must have a minimum of seven members but there is no limit as regards the maximum number.
Its formation, working and its winding up, in fact, all its activities are strictly governed by laws, rules and regulations. The Indian Companies Act, 1956 contains the provisions regarding the legal formalities for setting up of a public limited company. Registrars of Companies (ROC) appointed under the Companies Act covering the various States and Union Territories are vested with the primary duty of registering companies floated in the respective states and the Union Territories.
The company collects its capital by the sale of its shares and those who buy the shares are called the members. The amount so collected is called the share capital.
The shares of a company are freely transferable and that too without the prior consent of other shareholders or without subsequent notice to the company.
The liability of a member of a company is limited to the face value of the shares he owns. Once he has paid the whole of the face value, he has no obligation to contribute anything to pay off the creditors of the company.
The shareholders of a company do not have the right to participate in the day-to-day management of the business of a company. This ensures separation of ownership from management. The power of decision making in a company is vested in the Board of Directors, and all policy decisions are taken at the Board level by the majority rule. This ensures a unity of direction in management.
As a company is an independent legal person, its existence is not affected by the death, retirement or insolvency of any of its shareholders.
Looking for help?
Let our experts help you
drop us a mail at support@filingduniya.com & or call us at +91-44-42691489 | +91-9940043113
Confused? Give us a call. Our experts are available for help!
Process
01
Trademark Search
We conduct a thorough search of the TM directory
01
Trademark Search
We conduct a thorough search of the TM directory
01
Trademark Search
We conduct a thorough search of the TM directory
Pick Your Plan | Pay Online | Get 100% Assistance
Public Limited Company
Bestseller
True
Public Limited Company
₹ 43499
Public limited company registration including DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates. Inclusive of government fee.
Enterprise
Super
Public Limited Company
₹ 53499
Public limited company registration including DSC, DIN, name approval, incorporation fee, PAN, TAN, share certificates, and (one year TDS return filing/ Trademark registration). Inclusive of government fee.
On receipt of the documents we at Filing Duniya can get the trademark registration process commence in less than a day’s time. As our availability has never been an issue you can feel free to contact us over text messages, emails or call in case of any queries.
Pick Your Plan | Pay Online | Get 100% Assistance
Your Company Might Also Require
Producer Company
Startup Producer Company A Producer Company was introduced in India with the…
Read MoreNidhi Company
Startup Nidhi Company Nidhi Company registration including Incorporation kit and share certificates.…
Read More