Here are some major features/characteristics of a Public Limited Company:It can bring Initial Public offer,It is the superior form of business.

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

Paras Mehra February 10, 2017 1.87K Views

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.