Public limited companies holds numerous advantages which
includes all those of a private limited company . However , the same is
subjected to greater compliance requirements and other regulations. A PLC can trade on the stock market and issues
fixed deposits. As mentioned , of all advantages the one which stand out is its ability raise capital through shares
issued to general public .The other advantages include provision to transfer
shares with ease and greater credibility. A public limited company must have at least 3 directors and 7
shareholders and a most extreme of 50 directors are permitted
Step 1 :Applying for DSC & DIN -All the proposed directors in the organization should
request a Digital Signature Certificate (DSC), which is essential for recording
structures like DIN at the following stage. All you need is to submit few
prerequisite documents and our team would fill all the necessary application
forms after a discussion with you
Step 2. Submission of Name Request : You should select a unique name for your LLP to make a
request with ROC. Companies Mentor would help you select a name suiting your
business and would give you heads up on the probable rejection possibilities
based on our experience filing such name requests.
Step 3. Incorporation : Once after we file DSC, and a request for unique Company
name to ROC is made, we need complete all the necessary submissions including
MOA . Details on capital structure and number of promoters should be furnished.
Our team would collect all the required details from you to complete these
submissions.The Commencement Certificate would be at the end of this process
Step 4. PAN & TAN
Applications : Every PLC, needs a Permanent Account Number (PAN) and Tax
Account Number (TAN). Companies Mentor would apply online for your PAN
and TAN , all we need you to do is to send us the hard copies of the required
documents as intimated by us. Once registered , the PAN and TAN would be
sent to the address mentioned in the deed by the concerned government office.
To avail our service/to know more about the same, ,kindly
submit your name, email id and phone number in the above form for our experts
to get in touch with you in a short while.
Frequently Ask Questions (FAQs)
Minimum and maximum number of directors required/allowed for a PLC ?
Minimum 3 and Maximum 50.
Minimum and maximum number of shareholders required/allowed for a PLC ?
Minimum 7 with no upper limit.
Minimum authorized capital requirement for a PLC ?
What is a Digital Signature Certificate ?
Digital Signature Certificates (DSC) are the computerized equal (that is electronic configuration) of physical or paper authentications. Digital certificate can be displayed electronically to demonstrate your identity, to get to data on the Internet and to sign certain records digitally. Physical documents are signed physically, likewise, electronic records, for instance e-structures are obliged to be marked digitally utilizing a Digital Signature Certificate.
What is DIN ?
DIN is distinguishing proof number allotted to all current and proposed Directors of a Company. It is mandatory for all the existing and proposed Directors have to obtain DIN within the prescribed time-frame as advised.
Is there any physical certificate for incorporation from the Government once the PLC is registered ?
No, instead a soft copy is sent once the PLC is incorporated.
State whether NRIs or Foreigners hold shares and be directors of a PLC? If yes , is there any guidelines ?
Provided there exist one resident Indian citizen as the director , a NRI or Foreign National could be a PLC director. Share holding is also permitted subjected to Foreign Direct Investment guidelines..