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PUBLIC LTD. COMPANY

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Formation of a Public Limited Company

Minimum requirements
  • Minimum 7 Shareholders
  • Minimum 3 Directors
  • The directors and shareholders can be same person
  • Minimum Share Capital shall be Rs. 500,000 (INR Five Lac)
  • DIN (Director Identification Number) for all the Directors
  • DSC (Digital Signature Certificate) for one of the Directors

Steps involved in formation of an Indian Public Limited Company

Step No. Steps
1
DSC
2
DIN Approved DIN is a pre-requisite for incorporation process
3
Pre- Name Application Search
4
Application for Name Availability
  • 6 names for the proposed Company
  • Main Object Clause
5
Representations before RoC on behalf of Promoters
6
Documents required
  • Printing of Altered Memorandum and Articles of Association (MOA / AOA)

Other Forms like:
  • Form 32
  • Form 18
  • Form1
  • Letter of Authority/PoA
7
Final Process
  • Filing all the above documents with the ROC, follow up with the ROC, making changes to the MOA / AOA/otherIncorporation documents as suggested by the ROC
8
Application for Certificate of Commencent of Business
  • A Public Limited Company, in addition to Certificate of Incorporation, must obtain a Certificate of Commencement of Business before its operation

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