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Registration Services for Public Limited Company

A Public Limited Company is a company which is not a private company. The minimum number of shareholders and directors required for registering a Public Company is 7 and 3 respectively. Subject to compliance of the Companies Act, there is no restriction as to number of members, issue and transfer of shares and acceptance of deposits. It is a voluntary association of members which is incorporated and, therefore has a separate legal existence and the liability of whose members is limited. Its main features are:-

1. The company has a separate legal existence apart from its members who compose it.
2. Its formation, working and its winding up, in fact, all its activities are strictly governed by laws, rules and regulations. The Indian Companies Act, 1956 contains the provisions regarding the legal formalities for setting up of a public limited company. Registrars of Companies (ROC) appointed under the Companies Act covering the various States and Union Territories are vested with the primary duty of registering companies floated in the respective states and the Union Territories.
3. A company must have a minimum of seven members but there is no limit as regards the maximum number.
4. The company collects its capital by the sale of its shares and those who buy the shares are called the members. The amount so collected is called the share capital.
5. The shares of a company are freely transferable and that too without the prior consent of other shareholders or without subsequent notice to the company.
6. The liability of a member of a company is limited to the face value of the shares he owns. Once he has paid the whole of the face value, he has no obligation to contribute anything to pay off the creditors of the company.
7. The shareholders of a company do not have the right to participate in the day-to-day management of the business of a company. This ensures separation of ownership from management. The power of decision making in a company is vested in the Board of Directors, and all policy decisions are taken at the Board level by the majority rule. This ensures a unity of direction in management.
8. As a company is an independent legal person, its existence is not affected by the death, retirement or insolvency of any of its shareholders.

mohan

 

Steps to be taken to get incorporated a public limited company

Step - 1 Apply for Digital Signature Certificate

Step - 2 Apply for Directors Identification Number (DIN No.)

Step - 3 Apply for the availability of the name

Step - 4 Drafting the Memorandum and Articles of Association.

Step - 5 File the documents for Registration
After the Registrar is satisfied that all formalities are complied with, he issues a Certificate of Incorporation, which shall be conclusive evidence as to the formation of the Company.

Step - 6 File the documents obtain Commencement of Business Certificate after incorporation

After the Registrar is satisfied that all formalities are complied with, he issues a Certificate of Commencement of Business.

 

 

Public Company registration procedure

 

Apply for DSC for Directors
Get DIN for All of the Directors
Prepare MOA / AOA / INC 8 / INC 9 / INC 10
File INC 29 with PAN + TAN + INC 22
ROC Accepts Application
Company Certificate of Incorporation issued
PAN / TAN are received in 15 Days
ROC Rejects - Re-file submission

 

mohan

We pride ourselves on accommodating any comments or suggestions made. Should you have any questions about Company Formations or registering please do not hesitate to contact us, we will be happy to help.

  • Gantry 5 includes a new, powerful Menu editor that makes menu organization, particle and module injection, and visual enhancements a breeze. Here are just a handful of things you can do with Gantry 5’s powerful Menu Editor.

    • FontAwesome Icons
    • Easy Module Injection
    • Simple Particle Injection
    • Drag-and-drop Functionality
    • Per-item CSS Classes
    • Submenu Column Control
    • Easy Organization / Reordering
    • Link Target Designation
    • Multiple Dropdown Styles
    • Per-item Image Support
    • Subtitles
    • Non-destructive
    Find out more about using the Menu Editor in our documentation.
  • The Layout Manager makes it easier than ever to arrange and customize your users’ experience with drag-and-drop simplicity from start to finish. A handful of the many features found in the Layout Manager are listed below.

    • Drag-and-drop Functionality
    • Unlimited Items Per Row
    • Unlimited Rows Per Section
    • Easy Widget Position Placement
    • Resize Items with Simple Sliders
    • Per-section CSS Classes and Tag Attributes
    • Per-block CSS Classes, Variations, and Tag Attributes
    • Quick Preset Loading
    • Undo and Redo
    • Access to Easy-to-use Particles
    • Intuitive Visual Interface
    • Touch-screen Friendly
    Find out more about using the Layout Manager in our documentation.
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"Helium is a beautiful, free theme made by the RocketTheme team in appreciation of the incredible Gantry community."

Andy Miller

Develop CMS themes quickly and efficiently

Helium was crafted with love by the RocketTheme team to showcase the capabilities of the Gantry 5 framework. Helium is open source and available for free under a dual license system (MIT or GPL version 2 or later). You do not have to keep the Gantry or RocketTheme links and logos in the front end, however, you must ensure that all copyright notices in the code are retained.

Documentation for Gantry 5 is available on the official Gantry website. You can submit any issues or feature requests for Gantry through GitHub. A chat room has been set up using Gitter where you can go to talk about the project with developers, contributors, and other members of the community. This is the best place to go to get quick tips and discuss features with others.