{"id":14430,"date":"2018-09-11T10:30:58","date_gmt":"2018-09-11T10:30:58","guid":{"rendered":"https:\/\/www.legalraasta.com\/blog\/?p=14430"},"modified":"2026-04-08T12:07:02","modified_gmt":"2026-04-08T06:37:02","slug":"faqs-on-public-limited-company","status":"publish","type":"post","link":"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/","title":{"rendered":"FAQs on Public Limited Company"},"content":{"rendered":"<p>If your concepts are not clear about the Public Limited Companies then this article would be very beneficial for you. So, here is the FAQs on Public Limited Company that will enlighten\u00a0you to know about it in detail.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#What_is_a_Public_Limited_Company\" title=\"What is a Public Limited Company?\">What is a Public Limited Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#What_are_the_Liabilities_of_Public_Limited_Company\" title=\"What are the Liabilities of Public Limited Company?\">What are the Liabilities of Public Limited Company?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#What_are_the_Requirements_for_Public_Limited_Company_Registration_in_India\" title=\"What are the Requirements for Public Limited Company Registration in India?\">What are the Requirements for Public Limited Company Registration in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#What_are_the_benefits_of_Registering_a_Public_Limited_Company\" title=\"What are the benefits of Registering a Public Limited Company?\">What are the benefits of Registering a Public Limited Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#What_is_the_most_Authentic_Process_of_Registration_of_a_Public_Limited_Company_in_India\" title=\"What is the most Authentic Process of Registration of a Public Limited Company in India?\">What is the most Authentic Process of Registration of a Public Limited Company in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.legalraasta.com\/blog\/faqs-on-public-limited-company\/#Can_a_Foreign_National_be_a_director_in_Public_Limited_Company_and_If_Yes_then_what_are_the_conditions_for_the_same\" title=\"Can a Foreign National be a director in Public Limited Company? and If Yes, then what are the conditions for the same?\">Can a Foreign National be a director in Public Limited Company? and If Yes, then what are the conditions for the same?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_a_Public_Limited_Company\"><\/span><strong>What is a Public Limited Company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The term <a href=\"https:\/\/www.legalraasta.com\/public-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">Public Limited Company<\/a> is the wider form of Limited company that includes no restriction from the maximum number of shareholders to the transfer of shares which cannot be done by a <a href=\"https:\/\/www.legalraasta.com\/blog\/start-private-limited-company\/\" target=\"_blank\" rel=\"noopener\">Private Limited Company<\/a>. It raises its fund through public and accepts the public deposits. The <a href=\"https:\/\/www.legalraasta.com\/blog\/meetings-board-powers-amendment-rules-2018\/\" target=\"_blank\" rel=\"noopener\">Board of Directors<\/a> has the power to govern and manage the Public limited company constituted as per the unanimous consent of the shareholders. However, there is a much more compliance burden on the Public limited company than Private Limited Company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_are_the_Liabilities_of_Public_Limited_Company\"><\/span><strong>What are the Liabilities of Public Limited Company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Public Limited Company deals with the public money and it has to make rather heavy compliances strickly that is bulkier than the Private limited company. Apart from the regular compliances related to Income tax, there are many periodic and annual compliances to be made by a public limited company with ROC\/MCA, RBI etc. In addition, these regulatory liabilities are to secure and promote the profits and welfare of all shareholders of the Public limited company.<\/p>\n<h3 id=\"q2\"><span class=\"ez-toc-section\" id=\"What_are_the_Requirements_for_Public_Limited_Company_Registration_in_India\"><\/span><strong><br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/79p0CY0HcRc\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><br \/>\nWhat are the Requirements for Public Limited Company Registration in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In India, You can set your Public limited company anywhere but there are minimum 7 shareholders and three Directors required. The Directors can also be shareholders. The minimum paid up share capital requirement of worth INC 5 lakhs now has been removed by the Companies Act 2015.<\/p>\n<p><strong>Read more<\/strong>:\u00a0<a href=\"https:\/\/www.legalraasta.com\/blog\/public-limited-company-registration-process\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Public limited company registration process&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\">Public limited company registration process<\/span><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_Registering_a_Public_Limited_Company\"><\/span><strong>What are the benefits of Registering a Public Limited Company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are several Benefits of a public limited company which are given below:<\/p>\n<ol>\n<li>The Public limited company has the feature of huge magnitude of capital than that of the <a href=\"https:\/\/www.legalraasta.com\/private-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">Private limited company<\/a>.<\/li>\n<li>It has a legal authority to trade on a stock exchange.<\/li>\n<li>There can be many shareholders, no limit<\/li>\n<li>The liabilities of the shareholders are limited. It means limited roughly to the face value of the shares they own. Moreover, shareholders do not have to take part in the day-to-day management of the business of the company.<\/li>\n<li>shareholders are entitled to transfer their shares freely without needing the consent of someone.<\/li>\n<\/ol>\n<h3 id=\"q5\"><span class=\"ez-toc-section\" id=\"What_is_the_most_Authentic_Process_of_Registration_of_a_Public_Limited_Company_in_India\"><\/span><strong>What is the most Authentic Process of Registration of a Public Limited Company in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are two methods of registering a public limited company anywhere in India which are given below:<\/p>\n<p><strong>OPTION 1<\/strong><\/p>\n<p>File the Integrated Incorporation Form INC-29 with the MCA.<\/p>\n<p><strong>OPTION 2\u00a0<\/strong><\/p>\n<ol>\n<li>Get approval and reservation of any of the proposed names through Form INC-1<\/li>\n<li>File Form INC-7 for incorporation of the public limited company.<\/li>\n<li>File Form INC-22, Form DIR-12 etc both with all required documents.<\/li>\n<\/ol>\n<p><strong>Read more:<\/strong>\u00a0<a href=\"https:\/\/www.legalraasta.com\/documents-required-for-incorporation-of-public-limited-company\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Documents required for Public Limited Company&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:8403901,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;14&quot;:[null,2,0],&quot;15&quot;:&quot;Calibri, sans-serif&quot;,&quot;16&quot;:11,&quot;26&quot;:400}\">Documents required for Public Limited Company<\/span><\/a><\/p>\n<h3 id=\"q6\"><span class=\"ez-toc-section\" id=\"Can_a_Foreign_National_be_a_director_in_Public_Limited_Company_and_If_Yes_then_what_are_the_conditions_for_the_same\"><\/span><strong>Can a Foreign National be a director in Public Limited Company? and If Yes, then what are the conditions for the same?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p id=\"q5\">Of course, an NRI or Foreign National can be a shareholder or director in a public limited company of India. Besides, the requirements of being a sensible adult for becoming a director such a person must possess the <a href=\"https:\/\/www.legalraasta.com\/director-identification-number\/\" target=\"_blank\" rel=\"noopener\">DIN<\/a> issued by MCA.<\/p>\n<p>For further more information regarding <a href=\"https:\/\/www.legalraasta.com\/public-limited-company-registration\/\" target=\"_blank\" rel=\"noopener\">Public limited company registration<\/a>, you can visit our website: <a href=\"https:\/\/www.legalraasta.com\/\" target=\"_blank\" rel=\"noopener\">Legal Raasta<\/a><\/p>\n<p>Give us a call at 8750048585 and send your query on Email: <a href=\"mailto:contact@legalraasta.com\" target=\"_blank\" rel=\"noopener\">contact@legalraasta.com<\/a>. Our experts are available here to provide you the best advice related to your <a href=\"https:\/\/www.legalraasta.com\/blog\/benefits-registering-new-business-india-using-spice\/\" target=\"_blank\" rel=\"noopener\">New business setup and registration<\/a>.<\/p>\n<blockquote>\n<p>Related Articles:<\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/private-limited-company-conversion\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Conversion of Private Limited to Public Limited Company&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:8403901,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;14&quot;:[null,2,0],&quot;15&quot;:&quot;Calibri, sans-serif&quot;,&quot;16&quot;:11,&quot;26&quot;:400}\">Conversion of Private Limited to Public Limited Company<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/public-company-registration\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Public Company Registration Requirements&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:8403901,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;10&quot;:2,&quot;11&quot;:0,&quot;12&quot;:0,&quot;14&quot;:[null,2,0],&quot;15&quot;:&quot;Calibri, sans-serif&quot;,&quot;16&quot;:11,&quot;26&quot;:400}\">Public Company Registration Requirements<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.legalraasta.com\/blog\/public-limited-company-registration-process\/\" target=\"_blank\" rel=\"noopener\"><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Public limited company registration process&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\">Public limited company registration process<\/span><\/a><\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If your concepts are not clear about the Public Limited Companies then this article would be very beneficial for you. So, here is the FAQs on Public Limited Company that will enlighten\u00a0you to know about it in detail. What is a Public Limited Company? The term Public Limited Company is the wider form of Limited company [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":14432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[556],"tags":[445,444,426],"class_list":["post-14430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-articles","tag-faqs-on-public-company","tag-faqs-on-public-limited-company","tag-public-limited-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FAQs on Public Limited Company | Online Learning | Legal Raasta |<\/title>\n<meta name=\"description\" content=\"The FAQs on Public Limited Company will enlighten you that you can set this company anywhere with minimum 7 shareholders and three Directors only.\" \/>\n<meta name=\"robots\" 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