Public Limited Companies are those companies where minimum seven members are required and there is no limit for maximum number of members. A limited company provides limited liability to its members and shareholders. Being a limited company, it allows a firm to sell it’s shares to investors for raising capital . A minimum of three Directors are required for establishing a Limited Company and it has more stringent regulatory provisions as compared to a Private Limited Company.

Public Limited Companies are those types of companies where minimum number of members is seven and there is no cap on the maximum number of members. A public limited company has most of the characteristics of a private limited company. A Public Limited Company has all the advantages of Private Limited Company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.

Minimum of seven shareholders required to register a Private Limited Company and the number can extend maximum upto two hundred beyond which is not allowed.

Minimum of three directors are required to register a private limited company and the maximum number cannot exceed beyond fifteen.

In case of Public Limited Company, No minimum capital required.

Documents RequirementFor Directors And Shareholders (In Scan only):

1. PAN Card
2. Identity Proof – Anyone (Election ID/Passport/Driving License/Aadhar Card)
3. Photographs
4. Address Proof – Anyone and Latest by One Month (Bank Statement/Mobile Bill/Telephone Bill/Electricity Bill)NOTE: AADHAR CARD/DL/PASSPORT/VOTER-ID WILL NOT BE ACCEPTED AS ADDRESS PROOF.For Registered Office (In Scan only) :In case the premises are Rented
Rent agreementIn case the premises are Owned by any Director or any Relative
Registry Proof or House tax receipts + Latest Electricity bill + NOC from the Owner on the name of any Director

Information Required (Only information NO Documents Required):

1. Education Qualification of all the persons Involved
2. Any Landline number
3. Place of birth of all the persons
4. Mobile Numbers of Directors
5. Email IDs of DirectorsCompany related Information:1. State in which company will be registered
2. Complete Registered office address along with PIN Code
3. Proposed business of the company in brief
4. Proposed Name of the company
Name should be like thisFirst Name – To be unique eg. XYZ
Second Part – Activity Word eg. If Technology Company then Technologies, tecnosoft are the activity WordsComplete Should be Like this:

XYZ Technologies Limited
XYZ Technosoft Limited

Brief Significance of Prefix used in Company Name.