A limited company grants limited liability to its owners & management in which it’s belong. Being a public company allows a firm to sell shares to investors this is beneficial in raising capital. it has required more stringent regulatory requirements as compared to a Pvt. Ltd Company.

A Public Ltd. Company has almost all the characteristics of a private limited company. A Public Limited Company, in addition to the steps followed by a Private Limited Company has to obtain a certificate of Commencement of Business before they can commence the business. Minimum 3 directors & 7 shareholders are required to form a Public Limited Company.

Minimum Authorized capital is 1 Lakh