Station of Trust
+91 8979141354
info@lawgicalstation.com
A Public Limited Company is a type business entity which has limited liability features and offers shares to the general public for raising equity capital. It is governed by Companies Act, 2013 and registered under the Ministry of Corporate Affairs. It can be incorporated with a minimum number of seven members and at least three members must be the directors of the company.
The process of registering a Public Limited company is complicated and involves various compliances. Our experts at Lawgical Station can simplify the whole registration process for you. Register your Public Limited Company online in 3 easy steps:
As per the Companies Act 2013, you need to provide proper identity proof of members and directors along with valid address proof of the business office. It is important to note that you don't need to own a commercial property for company registration; one can use his residential address for incorporation of the company. Here are the documents required:
Post incorporation of Public Limited Company, you'll receive the following documents:
You can start a Limited Company with any amount of capital. However, the fee must be paid to the Government for issuing a minimum of shares worth Rs.5 lakhs [Authorized Capital Fee] during the incorporation of the Company. There is no requirement to show proof of capital invested during the incorporation process.
Once a Company is incorporated, it will be active and in existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and may be struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.
An address in India where the registered office of the Company will be situated is required. The premises can be commercial/industrial/residential where communication from the MCA will be received.
100% Foreign Direct Investment is allowed in India in many of the industries under the Automatic Route. Under the Automatic Route, only a post-investment filing is necessary with the RBI indicating the nature of investment made. There are a few industries that require prior approval from the RBI, in such cases, approval must first be obtained from RBI prior to investment.
A limited company must hold a Board Meeting at least once every 3 months. In addition to the Board Meetings, an Annual General Meeting must be conducted by the Private Limited Company, at least once every year.
Yes, a NRI or Foreign National can be a Director in a Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident India.
Station of Trust
Yours Journey begins with questions But end with solutions when you Land at LAWGICAL STATION.
