Public Limited Company is the most advanced type of business in India. It provides an opportunity for the promoters to raise funds through the public and also provides various benefits such as limited liability, perpetual existence and also separate legal entity.
Manish Marwah and Co helps you with all the legal formalities that come in for setting up a Public Limited Company. There are numerous steps involved in the process, hence it is recommended to take proper guidance from a professional.
To form a Public Limited Company, one needs to register it with the Registrar of Companies (ROC). The process of registering a Public Limited Company involves obtaining the Digital Signature Certificate (DSC), director identification number (DIN), obtaining the name approval, obtaining the certificate of incorporation and completing the statutory compliances. It is important to follow the various procedures involved in the registration to ensure that the company is registered in a proper manner. The registration process is simple and the company can be registered within a few days.
The first step in the process of registration is to obtain the DSC and DIN. These are required for filing the application for name approval. After obtaining the name approval, the process of incorporation can begin. This includes filing the Memorandum and Articles of Association with the ROC. After filing the documents, a certificate of incorporation will be issued.
Once the registration process is complete, the company can start its operations. It is important to note that the company needs to follow the provisions of the Companies Act, 2013 to ensure its compliance with the laws. It is important to keep all the documents and records related to the company properly and to ensure that the company complies with all the statutory and regulatory requirements.
Thus, the registration of a Public Limited Company involves various procedures and steps that need to be followed. It is important to ensure that these steps are followed properly to avoid any legal issues in future.
