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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 […]
Registration fees for a public limited company 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 […]
Annual compliance for a public limited company includes ROC filings, tax returns, audits, board meetings, and an AGM within six months of the financial year-end. Key filings include AOC-4, MGT-7, DPT-3, MSME-1, PAS-6, BEN-2, CSR-2, and applicable event-based forms. Listed companies must also meet SEBI LODR disclosure requirements. The requirements differ for listed and unlisted […]
To convert a Public Company into a Private Company, pass a special resolution, amend the AOA, obtain approval from the Regional Director (RD), file the prescribed MCA forms, and get a fresh Certificate of Incorporation. Sections 14 and 18 of the Companies Act, 2013, read with Rule 41 of the Companies (Incorporation) Rules, 2014, govern […]
The key differences between a private company and a public company lie in ownership, share transfer, and fundraising options. While a private company keeps ownership closely held and cannot offer shares to the public, a public company can raise capital from public investors. Both structures provide limited liability and a separate legal identity and are […]