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A Public Limited Company (PLC) is one of the most powerful corporate structures available to growing businesses in India. This structure offers several advantages, including easier access to capital, limited liability protection, and stronger business credibility. However, it also involves strict regulatory obligations, mandatory financial disclosures, and complex governance requirements. The advantages and disadvantages of […]
The Companies Act, 2013, sets clear rules for the maximum and minimum number of directors in a Public Company (3-15 directors) to ensure structured governance and accountability. As per Section 149(1), every public company must have a minimum of 3 directors and a maximum of 15 directors by default. However, a company can go beyond […]
The documents required for Public Limited Company Registration in India include personal KYC records (such as PAN card and passport), proof of registered office, and statutory incorporation forms. Every proposed director and shareholder must submit proof of identity, proof of address, passport-size photographs, and a valid Digital Signature Certificate. The Registrar of Companies (ROC) verifies […]
Public limited company registration fees in India typically range from around ₹15,000 to ₹40,000+. These fees, covering government charges, stamp duty, Digital Signature Certificate (DSC) costs, and professional fees, apply when you incorporate a public limited company under the Companies Act, 2013. A Public Limited Company gives the business a separate legal identity and allows […]
A public limited company is a business structure in which the company’s shares are offered to the general public, whereas the shareholders collectively own the company. Investors can freely buy, sell, and transfer these shares, either on a stock exchange or privately. As a result, it becomes one of the most effective ways for a […]
The Ministry of Corporate Affairs (MCA) notified the LLP Amendment Rules 2017 on May 16, 2017, via Notification No. G.S.R. 470(E), which took effect on May 20, 2017. The government issued them under sub-sections (1) and (2) of Section 79 of the LLP Act, 2008. Through this amendment, the MCA inserted sub-rule (1A) into Rule […]
The Limited Liability Partnership Rules, 2009 form guidelines and a framework that govern how LLPs are incorporated, managed, and regulated in India. These rules were formulated and notified by the Central Government in exercise of the rule-making powers conferred under Section 79 of the Limited Liability Partnership Act, 2008. The LLP Rules, 2009, came into […]
Many aspiring entrepreneurs ask the same question: “Can I start a business without registering it in India?” Fortunately, Indian law does not require you to register a formal legal entity simply because you earn income through a business activity. Freelancers, independent consultants, sole proprietors, and partnership firms can begin operations without completing formal company registration […]
Companies often receive MCA notices due to preventable gaps in day-to-day compliance rather than major violations. These gaps usually include delayed annual filings, incorrect ROC submissions, or a lack of proper tracking of statutory obligations. Since MCA systems now use upgraded automated checks, even small delays or inconsistencies can sometimes trigger formal notices if not […]
Every newly incorporated company in India must appoint its first auditor within a strict timeline from the date of registration. The process to appoint the first auditor of a company is governed by Section 139 of the Companies Act, 2013. It is a mandatory compliance obligation, not an optional task that can be deferred until […]