Incorporate a Public Limited Company in India

10/01/2017

Incorporating a Public Limited Company in India

Dated: 10/01/2017

Registration of Public Limited Company

A Public Limited Company is a Company limited by shares in which there is no restriction on the maximum number of shareholders, transfer of shares and acceptance of public deposits. The Minimum Authorised Capital of a Public Limited Company shall be Rs. 500,000 (INR Five Lacs)

This type of Company is suited for projects/businesses which require considerably high level of investments as there is no cap on maximum numbers of shareholders. Generally, where there is a requirement of raising of finances through a public, Public Limited company is best suited.

Requirements to register “Public Limited Company” in India:

  • Minimum 7  shareholders
  • Minimum 3 (The Directors and shareholders can be the same person)
  • PAN card copy with Self attestation.
  • Voter Id copy or Passport copy or Aadhar card copy or Driving license copy with self-attestation.
  • Latest Bank account statement or Mobile /Telephone bill or Electricity Bill (not older than two months)- no need for self-attestation.
  • Latest passport size photo in jpg.
  • For the registered office proof of the company, if the property is rented/ leased, then copy or rental agreement or lease agreement.
  • A copy of Electricity bill or Property Tax receipt or Water Tax receipt not older than two months.
  • A copy of No objection certificate from the owner of the property.
  • If owned property, copy of Sale Deed and Electricity bill is sufficient.
  • In case of NRI or Foreign national, Passport copy has to be notarized at the Indian Embassy of the particular country.
  • Utility bill has to be provided of the particular country where the NRI or Foreign national resides and it should be notarized.

The registration process of a Public Limited Company in India:

  • Obtain Digital Signature Certificate (DSC) and Director Identity Number (DIN)
  • Name application and its reservation
  • Drafting of Memorandum of Association (MoA) and Articles of Association (AoA)
  • Filing of eforms with Registrar of Companies (RoC)
  • Obtaining Certificate of Incorporation.
  • Declaration to RoC for Commencement of Business

For further facilitation with regards to Company Incorporation & support please contact- 

CP: Mr. Ravi Jha

Mob: +91-9999005379

Email: intelconsul@gmail.com or rsj@sjeximtech.com

Web: www.sjeximtech.com

Facebook: www.facebook.com/sjeximservices

Twitter: @jhasravi

G+: https://plus.google.com/100040845267168622593?hl=en

 

Disclaimer:  Please refer to official sources before effecting a decision

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