Public Limited Company Registration Documents

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    Public Limited Company Registration Documents


    Copy of PAN Card of directors
    Passport size photograph of directors
    Aadhaar Card/ Voter identity card
    Rent agreement (If rented property)
    Electricity/ Water bill (Business Place)
    Property papers (If owned property)
    Landlord NOC (Format will be provided)

    Public Limited Companies Registration Process

    1. Apply for DIN and DSC

    The applicant must apply for a Director Identification Number (DIN) and a Digital Signature Certificate (DSC).

     

    2. Verification of Company Name

    The company name is checked and verified in this step to ensure that it complies with the Ministry of Corporate Affairs' (MCA) requirement.

     

    3. Filling out the Form

    The applicant would file the application form to obtain the certificate of incorporation once the name of the public limited company had been approved by the appropriate authorities.

     

    4. Document Submission

    After completing the aforementioned steps, the applicant must submit all necessary paperwork to the MCA.

     

    5. Company Incorporation

    The Registrar of Companies will issue the public limited company's certificate of incorporation after confirming the procedure.

     

    6. Opening a Bank Account

    The final step entails opening a bank account in the name of the public limited company to handle day-to-day business on the organization's behalf.

    Advantages of a Public Limited Company

    Shares are easily transferable

    According to the Indian Contract Act of 1872, shares are legal instruments that can be freely transferred with the bare minimum of formalities.

     

    Increased Borrowing Capacity

    Banks and other financial institutions respect public company when they borrow money from them, which would increase the company's visibility.

     

    Separate Legal Entity

    The directors and shareholders of a public limited business benefit from the separate legal entity idea which indicates that the director’s and member’s liability is strictly capped at a certain sum.

     

    Shares can be listed in the Stock Exchange

    Shares of a public Company can be listed on a stock exchange. Yet, the public Company must adhere to compliance when listing its shares on a stock exchange.

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