Public limited company is a company which sells shares to the inventors. It is useful in raising the capital. To register a public limited company, a number of three directors are required. The rules for registering a public limited company are more stringent than the private limited company. A minimum number of seven members are required in public limited company. The public limited company should have the minimum capital of Rs.5,00,000Required Documents
The prime advantage in the public limited company is its easy access to the capital. Public limited company sells its shares to the public and anyone can invest their money. So, the capital raised in the public limited company is larger than the private limited company.Finance opportunities
The public limited company will find a better position in looking at the potential finance sources. Banks and other financial institution will extend finance willingly to the public limited company.Transferability of shares
The public limited company shares are easily transferable than the private equivalent. The shareholders can easily transfer the shares of the company if the shares are quoted on a stock exchange.
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