Public Limited Company Registration in India can be initiated with a minimum of three Directors who are individuals (up to a maximum of 15 directors without Special Resolution), and seven subscribers (shareholders) who may be Individuals or corporate entities. Both, the directors and subscribers may or may not be the same person. The Companies Act 2013 does not set any minimum capital limit, so the minimum limit remains Nil. A public limited company has features like separate legal entity which enables it to be distinct from its members and directors. The members hold a limited liability in the company and cannot be held liable beyond the shares held by them. A public Limited company is the largest form of business available in India. Public limited company is a large company and is formed in order to raise funding from public through IPO etc. There is no limit on maximum no. of members however, after 500 members, SEBI approval is needed.

Public Company Registration is initiated primarily if the shareholders/investors are large in number. The shares of a public limited company can be transferred with ease and ensuring a suitable structure for raising capital. Before initiating registration of a public company, one needs to be aware of more stringent regulatory requirements as compared to other corporate entity forms.

Documents required for Public Ltd. Company Registration

• Copy of PAN Card of all Directors
• Aadhar Card of all Directors
• Address Proof (Latest Bank Statement, Mobile bill, Telephone bill) of all Directors
• Passport Size Photo of all Directors
• Ownership Proof (Electricity bill, Gas Bill etc) of the registered office
• NOC of the registered office address.
• Contact details of all Directors.
• Email-id of all Directors.