Public Limited Company Registration

A Public Limited Company is a form of company whose shares may be freely sold and traded to public as compared to Private Limited Company. A Public Limited Company is assimilated for large capital requirements so that it can be raised from the public at large through Public Issue of shares. The minimum requirement is seven shareholders and three directors and a registered office. The standards are less strict for a Public Limited Company as compared to Private Limited Company. The accounts audit is mandatory every year and filing annual returns with Ministry of Corporate Affairs (MCA).