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Write Up - Public LTD Company
Write Up - Public LTD Company
For a Public Limited Company, the name must end with the word "Limited".
Minimum 7 shareholders are required to form a public limited company.
Minimum of 3 directors is required to form a public limited company.
Liability of Each Shareholder is limited upto the amount invested by them in the
company;
DSC of all the Directors and Subscribers is compulsory at the time of incorporation;
Compulsory Demat of Shares
Advantages for Public Limited Company:
- Transfer of shares can be easily done;
- Increasing in the Borrowing capacity;
- Shares can be listed on stock exchange;
- Considered as Separate legal Entity.