{"id":2158,"date":"2022-05-03T06:56:18","date_gmt":"2022-05-03T12:26:18","guid":{"rendered":"https:\/\/smjadvisors.com\/?p=2158"},"modified":"2022-05-17T06:24:54","modified_gmt":"2022-05-17T11:54:54","slug":"public-limited-company","status":"publish","type":"post","link":"https:\/\/smjadvisors.com\/public-limited-company\/","title":{"rendered":"Public Limited Company"},"content":{"rendered":"\n

What is a Public Limited Company?<\/h2>\n\n\n\n

A Public Limited Company<\/strong> is an organization that has limited liability and offers shares to the public. A public limited company’s stock can be obtained by anybody, either secretly through (IPO) Initial Public Offering or using trades on the securities exchange (Stock Market).<\/p>\n\n\n\n

It is strictly regulated and is expected to publish its actual monetary wellbeing to its shareholders.<\/p>\n\n\n\n

A Public Limited Company <\/strong>registration in India is the best business structure for the entrepreneurs who wanted to start their business operations on a large scale. It enjoys all the privileges of a corporate entity along with the characteristics of Limited Liability. A public limited company is also listed on the stock exchange to raise its capital from the common public.<\/p>\n\n\n\n

Section 2(71) of the Companies Act, 2013 states that a “Public company” <\/em><\/p>

(a) is not a private limited company and;<\/em><\/p>

(b) having a minimum paid-up capital as prescribed <\/em><\/p>

<\/p>If any other company is the subsidiary of a public limited company, then it shall deemed to be a public company for the act even if the company is listed as a private limited company in the articles.<\/em><\/cite><\/blockquote>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Features of a Public Limited Company<\/strong><\/h3>\n\n\n\n