Q. How to Select Name for Public Limited Company? with examples.

By Paras Mehra 10 Feb 2017

The company name selection should be done on the basis of company name structure. The Company name should start with your brand name e.g Hubco is our brand name (Trademark filed) and hence we have registered Hubco Technologies Private Limited. Likewise, in case of TATA steel limited, TATA is the brand name.

Q. What are the major advantages (pros/merits) for Public Limited Company?

By Paras Mehra 10 Feb 2017

Public limited companies are the highest considered form of business available in our country. It can do anything that is allowed to do in India. From raising funds from angel investors to having an initial Public Offer (IPO), it can offer many innovative measures to raise funds. It can be listed on any stock exchange. , It is considered for some serious business, helps you to gather resources. , Considered more trust worthy than any other form of business.

Q. What are the major disadvantages (cons/demerits) for Public Limited Company?

By Paras Mehra 10 Feb 2017

Like every coin has two sides, Public Limited Company has also certain disadvantages. Here are following disadvantages:It incurred high compliance cost,More compliances applicable than any other form of business,Stringent penalties if any non compliance is initiated.

Q. What is the difference between Private ltd Company and Public Limited Company?

By Paras Mehra 10 Feb 2017

Private limited company is considered inferior in comparison to Public Limited Company. Public Limited companies are considered to be superior than any other form of business.Here are certain difference between Private Limited Company and Public Limited Company:Public Limited Company.

Q. What are major features/characteristics of the Public Limited Company?

By Paras Mehra 10 Feb 2017

Here are some major features/characteristics of a Public Limited Company: It can bring Initial Public offer (IPO) to raise funds and can become the listed company, It is the superior form of business and hence compliances and controlling provisions are applicable as per Companies Act, 2013,It is not considered a small company and cost of registration and maintenance is high.

Q. What do you mean by plc Company limited? How company end with word ‘inc’ means?

By Paras Mehra 10 Feb 2017

PLC company limited is the short form of Public Limited Companies. The word ‘INC’ in the end is used by the companies registered in USA, e.g. Animaker Inc. etc.

Q. What are major steps involved in incorporation of Public Limited Company?

By Paras Mehra 10 Feb 2017

Public limited Company incorporation is done from a totally new procedure, which is done through SPICE e form. The incorporation procedure is as under: First we apply for Digital Signatures, Then we apply for Director Identification Number (DIN), Then we apply for Name approval as per your choice, After that in the end, we apply for incorporation through SPICE e form.

Q. What is practical meaning of Public Limited Company? and list some of the examples?

By Paras Mehra 10 Feb 2017

Practically, the public limited company is formed only when someone is planning big like setting up a manufacturing plant, opening IT infrastructure, etc. Generally, people prefer private Limited Company and the public limited company is least preferred. However, if you are serious and planning big, the public limited company is chosen.