Public Limited Company

Public Limited Company Registration is obtained for enjoying better avenues in terms of fund borrowing. A minimum paid-up capital of Rs.5 lakhs together with 7 shareholders and 3 directors is required for its incorporation. A Public Limited Company provides more transparency, improved accountability, and better transferability towards shareholders.A Public Limited Company or a PLC is the best business structure for those entrepreneurs planning big like opening an IT infrastructure, setting up a manufacturing plant, etc. Nowadays, people mostly choose the option of a Private Limited Company over a Public Limited Company. However, it shall be pertinent to consider that if an individual is seriously planning something big and wants to raise capital from the public by issuing them shares in return. Then, in that case, he or she must go for the option of incorporating a Public Limited Company.A Public Limited Company enjoys all the rights and privileges of a corporate entity together with the feature of Limited Liability. Further, some of the prominent and renowned examples of a Public Limited Company are TATA Steel Limited, Reliance Communications Limited, etc.