Private Limited Company to Public Limited Company

"Change your strategy, Create new Brand"

A public limited company is a business that is managed by directors and owned by shareholders. A public limited company can offer shares to the public. There are also other obligations that a PLC must meet due to being public, including further admin regarding tax, and making their financial reports public so would-be shareholders have all the information they need before investing.

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3. Applicantion to Govt.

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4. Get Certificate

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Know more about it...

Who controls a public limited company?
Shareholders are the owners of a public limited company, but they elect a board of directors who manage and make decisions on behalf of the business.
Why do private limited company convert to public limited company?
Conversion of Private Company into a Public Company opens a new door of opportunities, especially in the form of fundraising and reach of the market. The company can raise funds through Public Issue and accept deposits too.
Whether alteration of name is mandatory while conversion?
Yes, the suffix “Private Limited” will be replaced with “Limited”.
How many minimum members are required to form a public company?
To register a Public Limited Company in India there should be a minimum of seven members and there is no limit on the maximum number of members/shareholders for starting a Public Limited Company.
Why public company is better than private?
The primary advantage of a publicly-traded company is that it can tap into the market by selling more shares.
Who controls a public company?
It is owned by the Government, and the Private corporations are not allowed to purchase shares in the Public Corporation.
Who gets the profit in a public limited company?
Limited by shares companies are set up by profit-making businesses, which means that surplus income is normally paid to shareholders in the form of dividends
Under which Sec. a private company can automatically converted into a public company?
Section 18 of the Companies Act, 2013 allows an existing Company to convert itself as a Company of other class by altering its memorandum and articles of association in the manner prescribed in Chapter II of the Companies Act 2013.
When to alter MOA/AOA of a Company?
Once the name approval letter is received from the ROC, the MoA and AoA are required to be drafted.