A Public Limited Company registration in jaipur under Company Act 2013 is a company that has limited liability and offers shares to the general public. Its stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders.
As per the provisions of the Companies Act, 2013 to start a public limited company in jaipur, a minimum of 3 directors are required and there is no restriction on the maximum number of directors.
The liability of each shareholder is limited. In simple words, a shareholder of a public limited company in jaipur isn’t personally responsible for any loss or debts of the company for any amount greater than the amount invested by them; contrary to partnerships and sole proprietorship's, where the partners and business owners are jointly and severally liable for the debts of the business. However, this characteristic of a public limited company does not offer immunity to the shareholders. The shareholders will be held responsible for their own illegal actions.
A public limited company registration in jaipur is required to have a minimum paid-up capital of Rs 5 lakh or such higher amount as prescribed under the act.
A prospectus is a comprehensive statement of the affairs of the company issued by a public limited company for its public and there is a requirement under the Act for public limited companies to issue a prospectus. However, there are no such provisions for Private Limited Companies. This is because private limited companies cannot invite the public to subscribe for their shares.
It is a compulsory requirement under the Companies Act, 2013 for all the public companies to add the word ‘limited’ after their name.
The documents required for public company registration in jaipur from the director and shareholders are:
Electricity bill/Other Utility Bill of the proposed registered address
NOC or rent agreement from the owner of the premises
Even if the director is the owner of the property NOC is needed from him
Note:- All document must be scan from the scanner with good quality
The public limited Company registration process can be completed in around 10-14 working days after all document received completely from the customer side; as follows:-
Public Limited Company registration in Jaipur. call 0141-4455144 for best public company registration offer.