Public Limited Company

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Description

  • Easy to transfer ownership
  • Suited for large business operations
  • Infinite number of members
  • Multiple regulations 
  • Can be listed or unlisted
  • Limited liability

The company must have a minimum of three directors and seven shareholders. It will also need Rs. 5 Lakhs of paid-up capital.

List of Standard Documents required :

  • Copy of PAN Card of directors (passport if they are not Indian citizens)
  • Copy of Aadhaar Card/Voter identity card
  • Passport size photograph of directors
  • Copy of Rent agreement (If rented property)
  • Electricity/Water bill for the property
  • Copy of Property papers (If owned property)
  • Landlord NOC (Format will be provided)
  • Separate Mobile No and Email ID of each Director

Q.1 What is the process to incorporate Public Limited in India.

A. Following are the steps to have WOS /JOV in India

  1. Ensure the fulfilment of all the legal requirements of incorporation of company i.e minimum paid up capital, no. of shareholders, no. of directors etc.
  2. Submit all relevant information and documents;
  3. Submit your digital signatures;
  4. Documents will be drafted, based on the MCA-approved name
  5. All directors and shareholders will share the documentation
  6. Submission of incorporation documents to the MCA for approval
  7. Receival of incorporation certificate and PAN
  8. Certificate of Commencement Of Business will be obtained.
  9. Ensure the fulfilment of all the legal requirements of incorporation of company i.e minimum paid up capital, no. of shareholders, no. of directors etc.
  10. Submit all relevant information and documents;
  11. Submit your digital signatures;
  12. Documents will be drafted, based on the MCA-approved name
  13. All directors and shareholders will share the documentation
  14. Submission of incorporation documents to the MCA for approval
  15. Receival of incorporation certificate and PAN
  16. Certificate of Commencement Of Business will be obtained.

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