Public Limited Company

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Public Limited Company Registration in Coimbatore

Meassociate Consultant is one of the best Public Limited Company Registration Consultants in Coimbatore. A place where the management and proprietor have limited liability is called a public limited company. In this case, the shares are sold to investors which in turn helps to improve the capital. A minimum of 3 directors is allowed for such a company. This type of company has no liabilities to the creditors as it acts as a separate entity with wide legal capacity.

A public limited company is liable to hold 7 shareholders and a maximum of 50 directors and needs Rs. 5 lakhs of paid-up capital. It has all advantages as that of a Private limited company.