Public limited Company Registration

ABOUT

What is a public limited company?

Public limited company is the largest form of business in India. A public limited company can be listed on stock exchanges and can thus invite funds from public. Also, there is no restriction as to the maximum no. Of shareholders in a public limited company.

Facts

Our Advantages

Perpetual Existence

A company continues to exist irrespective of the status of the owners.

Limited liability

A shareholder is liable only to the extent of unpaid amount on his holding.

Separate Legal Identity

A company enjoys separate legal identity unlike partnership firms.

Greater borrowing power

Companies have better avenues for borrowing funds unlike other forms of business.

Access to public funds

Public company can invite public to subscribe its shares unlike a private limited company.

No Restriction on share transfer

There is no restriction on transferability of shares. A shareholder can transfer his shares to any person.

What is the

Documents required

What are the Documents required for Public limited company registration?

PAN card and Residence Proof of directors of the company
Passport size photograph of directors
Copy of Aadhar or Voter Identity card
Copy of rental agreement / Eb card of the business place
Bank Statement / Cancelled Cheque of the business

What Includes in this package?

Verification of Documents
DSC and DIN for 3 Directors
Name approval and ROC fees
Drafting MOA & AOA
Following until Certificate is allotted
Applying PAN & TAN

What is the Process

Incorporation of Public Ltd Co.?

Applying DIN&DSC

DSC and DIN for all directors are required.Affidavit and declaration by first subscribers and Directors should be prepared

Name Approval

4-6 proposed names should be provided that should be unique and suggestive of company business.

Document Submission

Duly filled Application along with required documents should file with the RoC.

Company Registered

Once your Company is Incorporated. Incorporation Certificate will be issued

Frequently Asked Questions (FAQ)

For Registration

How many person are required to incorporate a public ltd company?

A public limited company is required to have minimum 7sharehodlers.

What are the documents required to start a partnership firm?

ID proof, Residence proof and PAN card of all the partners along with a Partnership deed signed by all the partners.

What are the advantages of a registered partnership firm?

Only a registered Partnership firm can file a suit in any court against the firm or other partners for the enforcement of any right arising from a contract or right conferred by the Partnership Act. A Registered Partnership firm can claim a set off or other proceedings in a dispute with a third party.

What is a partnership deed?

A partnership deed is a written agreement entered into by all the partners of the firm which specifies the terms under which partnership is to be carried on.

Is audit required for partnership?

Tax audit under Income Tax Act is required for only few assessees.

What is the capital required to start a partnership?

There is no minimum capital required to start a partnership firm. A partnership firm can be started with any amount of capital.

How to open a bank account for partnership?

To open a bank account for a Partnership firm, a registered Partnership deed along with identity and address proof of the Partners should be provided.

How can I transfer my partnership?

A partner cannot transfer his interest in partnership to an outsider without the consent of all other partners.

Can a proprietorhip be converted into LLP/Company?

Yes. A sole proprietorship concern can be converted into LLP or Company by following procedures laid down in respective Acts.

What are the requirements to be a partner in partnership firm ?

A partner must be an Indian citizen and resident of India.