Public Limited Company

Public Limited Company Registration In Moradabad

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Public Limited Company

Register a public limited company and get assistance for legal compliances of company i.e. , ROC filing, Income tax filing, Audit Report & Various other licenses as per company requirement in simple and professional way with Faster & limited time period.

What is Public limited company?

A public limited company is a company which is not a private company as per section 2(71) of the companies act, 2013. A company which is the subsidiary of a company, not being a private company, shall be deemed to be a company.

 It can be raised funds from the public through an Initial Public Offer through listing of its shares on the stock exchange.

Private limited company is one of the most common types of companies registered in India registered under companies Act 2013, under section 2(68).

Incorporation:

Public Limited Company has minimum seven shareholders and three directors are required. A maximum of fifteen directors may be appointed through special resolution passed by the company in general meeting.

 It can be raised funds from the public through an Initial Public Offer through listing of its shares on the stock exchange.

Private limited company is one of the most common types of companies registered in India registered under companies Act 2013, under section 2(68).

Paid up capital:

Minimum five lakh paid up capital required for registration of a public limited company

RELATED LINKS

  • Feature of a Compnay
  • Advantage of Registration a Company
  • Type of Company
  • Director of a Company
  • Director Identification Number (DIN)
  • Memorandum of Association (AOA)
  • Articles of Association
  • Private Limited Company
  • One Person Company

Advantage of Public company:

  • Liquidity
  • Share Transfer
  • Increase credibility
  • Separate Legal Entity
  • Raised Funding through IPO
  • Brand Building & Investor Confidence

Procedures of Public limited company:

  • Digital Signature Certificate
  • Director Identification Number
  • Obtaining Name Approval
  • Filing Incorporation Form

What are the requirement for incorporating a public limited company

  • Minimum Paid-up Share Capital {INR 5 lakhs}
  • Minimum Number of Directors {3}
  • Maximum Numbers of Directors {50}
  • Minimum Number of Shareholders {7}
  • Maximum Number of Shareholders {No Limit}

Documents Require for Public limited company:

* Documents for individual stakeholder (Director / Nominee)
> Passport size photo
> PAN Card – self attested photocopy
> Aadhaar Card – self attested photocopy
> Bank statement – 1st and last copy of passbook

* Documents of Registered office
> Address proof of office (Latest Bank Statement/ Mobile Bill/ Electricity Bill or Gas Bill.
> No objection certificate from property owner (in case of Rented property)
> Copy of sale deed in English (in case of owned property)

Notes:

  • The bill not be more than 2 months old.
  • It shall be signed by the person whose name is mentioned in the bill.
  • The copies shall be clear (preferably scan copy) and shall be self attested.

Our Service Provide:

  1. Certificate of Incorporation
  2. Memorandum of Association (MOA)
  3. The Article of Association (AOA)
  4. Permanent Account Number (PAN)
  5. Tax Deduction at Source number (TAN)
  6. Stamp paper & notary for Affidavit, Approval Certificate
  7. Digital Signature Certificate (DSC)
Fulfilling all the Legal Requirements for Incorporation

First off, it is necessary that the legal requirements of minimum-paid up share capital, number of directors, number of shareholders, have been identified and fulfilled. Only if this step is complete, further steps of registration can be implemented.

Obtaining DIN and DSC for all the Proposed Directors

Once it has been established who all would be the directors of the company, their DIN from the Ministry of Corporate Affairs and DSC from the Certified Authority has to be obtained. The directors can only be individuals and not entities like LLPs or Financial Institutions. Also, the number of directors cannot exceed 50. It is not necessary for the Director to be the Shareholder of the Company

Registered Office

It is necessary to have a proper address to be recognized as the Registered Office of the Company. The Registered Office address has to be registered with Registrar of Companies (ROC) under whose jurisdiction the office location falls. All the correspondence related to business are made to the Registered Office by the ROC. The fee for registration shall be dependent on the authorized capital of the company.

Application for Company Name

Prior to the registration procedure, the name of the Company has to be approved by the ROC. It is mandatory that the name of the Public Limited Company ends with the word “Limited”. This application is filed in the RUN form of the Ministry of Corporate Affairs. It is better to provide a list of names in order of preference, in case a particular name is not available.

Submission of Documents to ROC

Once all the documents have been prepared, they are submitted to the ROC for verification.

Certificate of Commencement of Business

A Public Limited Company cannot start its business immediately upon receiving the COI. It has to apply for Certificate of Commencement of Business within 180 days of receiving the COI, stating that all the subscribers have paid the subscription money.