Public Company Incorporation

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A Public Limited Company registration in India is the best suitable business structure for entrepreneurs who are planning for large-scale business operations. It enjoys all the privileges of a corporate entity together with the features of Limited Liability. A public limited company gets listed with the stock exchange to raise capital from the general public. Hence, the Public Limited Companies have to comply with multiple regulations of the government and start a Public Limited Company.
A Public Limited Company is a creation of law and is incorporated as per the law and provisions laid down in The Companies act 2013, and the rules made there under. The public limited companies are suitable for large scale of business where the capital requirement is very high, and the company is willing to obtain money from the public at large.
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We shall be extending our support at the initial consultation to draft the objects and name selection for the company, to file the necessary application for incorporation and regular follow-up with the ROC until the certificate of incorporation is issued.
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Frequently asked questions.

There are various rules and regulations prescribed under the companies act, 2013 for the formation of a public limited company. Here is what you should keep in mind when registering a public limited company:

- Minimum 7 shareholders are required to form a public limited company.

- Minimum of 3 directors is required to form a public limited company.

- A minimum share capital of Rs. 5 lakhs is required.

- Digital signature certificate (DSC) of one of the directors is needed while submitting self-attested copies of identity and address proof.
- Directors of the proposed company will need a DIN.
- An application is required to be made for the selection of the name of the company.
- An application comprising the main object clause of the company is to be made. This object clause will define what a company will pursue after its incorporation.
- Submission of the application to ROC along with the required documents like MOA, AOA, duly filled Form DIR – 12, Form INC – 7 and Form INC – 22 is needed.
- Payment of the prescribed registration fees to the ROC is required.
- After obtaining approval from the ROC, the company should apply for the ‘certificate of business commencement.’

Documents Required for Incorporating a Public Limited Company:

- Proof of identity of all the shareholders and directors.

- Proof of address of all the directors and the shareholders.

- PAN number of all the shareholders and directors.

- Utility bill of the proposed office i.e. proposed registered office for the company.

- A NOC (No Objection Certificate) from the landlord where the office of the company will be situated.

- Director Identification Number (DIN) of all the directors.

- Digital Signature Certificate (DSC) of the directors.

- Memorandum of Association (MOA).

- Articles of association (AOA)

Minimum Seven persons are required for incorporation of public limited company. Certificate of Incorporation: ROC then scrutinizes the incorporation form and documents, if ROC finds the documents are in order, issues Certificate of Incorporation which is the Registration certificate of public limited company.
Shareholders are the owners of a public limited company, but they appoint a board of directors who control and make decisions of the business.