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Public Limited Company

The company defined under section 3(1) (iv) of the companies act , 1956 is a public company which is not a private company , has a minimum paid-up capital of Rs 5 lakhs or such higher capital as many be prescribed, Minimum 7 directors ,Minimum 3 directors, Directors and share holders can be the same persons

Sequential incorporation process for Public Limited company registration

  • Application for Director Identification Number (DIN).
  • Application for  Digital Signature certificate (DSC)
  • Apply for name approval From-1A
  • Preparation of Memorandum of Association (MOA) & Articles of Association (AOA)
  • Filing of documents with Register
  • Publish notice (news paper) in local language of the district where the registered office is located and at least once in English newspaper circulating in that district.
  • Application to Regional director for issuing the license – Form 24 A
  • Incorporate a Company
    • Form 18 : Notice of situation or change of situation of registered office
    • Form 32:  E-Form 32 is required to be filed with the Registrar electronically for filing particulars of directors. The personal details should match with the information provided in the DIN. Following additional details are also required to given in e-Form 32
    • Name and CIN of all the companies in which they are directors
    • Names of partnership concerns in which they are partner
    • Names of proprietorship concerns in which they are proprietor
    • Payment of registration fees for a new company
    • Certification of incorporation  ( section 33 & 34 )
    • Commencement of business – private limited company and a company not having a share capital may commence its business activities from the date of its incorporation. However, a public limited company having share capital is required to take certificate of commencement of business before it can commence business.