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PLANNING AND SETTING UP PUBLIC LIMITED COMPANY
WHAT IS PUBLIC LIMITED COMPANY?
A company registered under the Companies Act, 2013, which a separate legal entity and is governed by the Ministry of Corporate Affairs, Companies Act, 2013 and the Companies Incorporation Rules, 2014.
FEATURES OF PUBLIC LIMITED COMPANY
Limited liability protection to shareholders
Separate Legal Entity
Minimum two directors and seven shareholders
No minimum paid up capital
Continue Existence
REGISTRATION PROCESS OF PUBLIC LIMITED COMPANY
Sl No. |
Steps |
Description |
|---|---|---|
1 |
Digital Signature Certificate |
Obtaining the Digital Signature Certificate for proposed directors and shareholders |
2 |
Director Identification Number (DIN) |
The DIN will be obtained along with the incorporation of the company. |
3 |
Name Approval |
File a Name Approval form with CRC and it takes 2 to 3 working days to get approval. |
4 |
Final Incorporation Form |
After Name approval, the filing of incorporation forms
will be done along with all supporting documents like registering address proof, Declarations from Directors. A Company can be incorporated online by filling the Simplified Proforma for Incorporating Company Electronically (SPICE) form in Form INC-32 (using Digital Signature Certificate of the Director) along with (eMoA) in Form INC-33 and (eAoA) in Form INC-34. |
Minimum 7 Shareholders |
Minimum 3 Directors |
PAN of Directors and Shareholders |
Address Proof (Aadhar Card/Voter Id/Driving License/ Passport)of Directors and Shareholders |
Residence Proof ( Bank Statement/ Electricity Bill/Mobile Bill/Telephone Bill) of Directors and Shareholders |
