Public Limited Companies In India

Our wide range of service also includes setting up Public Limited Companies in India. Proposal of introducing limited liability partnership bill by the Indian Government is a beneficial step as it would be helping the professionals for setting up more professional output. As per Section 3(1)(iv) of the Companies Act, 1956 India, public company is "A Company which is not a private company; has a minimum paid-up capital of Rs. 5 lakhs or such higher capital as may be prescribed; is a private company but subsidiary of a public company". In case if certain private company would be deemed as Public Company if the organization complies with the condition of Sec 43 A of the Company Act. Registering Public Company Formation in India or Setting up a Public Company in India has become easier while working with us as we work on the following guidelines: 1) Selection of type of the company 2) Selection of name for the proposed company 3) Apply for Directors Identification Number and Digital Signatures 4) Drafting of Memorandum and Articles of Association 5) Stamping, digitally signing and e-filing of various documents with the Registrar 6) Obtaining Certificate of Incorporation 7) Preparation and filing of Prospectus/Statement in lieu of Prospectus and e-Form 19/20 (in case of public companies) for obtaining the certificate of commencement of business 8) Obtaining Certificate of Commencement of business (in case of public limited companies)