Power to transfer shares- a public ltd company can transfer shares to public and raise funds from public
Unlimited Members – One of the best advantage of public ltd company is that there is no limit on number of members in the company
Limited Liability –Despite having characteristic of unlimited members the liability of all the directors in Public limited company is limited to the extent of stake they hold in the company
More Transparency – Working of a public ltd company is more transparent because it separates its management from its ownership
Property Rights – A Public ltd Company can gain, posses, and enjoy its property in its own name. No shareholder can claim upon the property
Aadhar Card, Driving License, Election Id Card, Passport
Electricity Bill, Rent Agreement + NOC
Liability of shareholder for the losses of the company is limited to their contribution only.
A business of the Company will not affect if there is any change in the ownership of the company.
Public Company can be listed on stock exchange and raise funds by way of public issue.
Shares of a public company are freely transferable between its members and non-members.
The public company ensures stringent disclosure compliances. Financials of the company is in public domain.
Minimum 3 directors, Minimum 7 shareholders required and there is no limit on maximum shareholders of the company.