To incorporate a Public limited company in India, you are required to have a minimum of seven shareholders or members and three Directors. There is no cap on the maximum number of members.
A public limited company can be incorporated with MCA or Ministry of Corporate Affairs in 10-15 working days subject to the processing time taken by the registrar of companies. It enjoys certain additional benefits that private limited companies don’t.
Public limited companies can offer its shares or debentures to Public, it can make or accept deposits from Public and there are no restrictions on the transfer of shares.
To get your public company registered with the ministry of corporate affairs, it’s required to follow the below steps in the order of priority. Here are the steps;
- Getting Company Name Approved
- Applying for DSC
- Applying for company registration with ROC
We at BIGYAN MISHRA & CO, will guide and assist you in each and every step of the company registration process which includes filing of various e-forms, drafting of MOA, AOA and other legal documents. We specialise in incorporating small businesses in India. We suggest you contact us to have more clarity on the process.
Are you ready to discuss this? Contact me via email at bigyanmishra[at]gmail[dot]com or call us @ +91-94371-64365 to find out how we can help your business.