👉🏼 Here, let’s commence: what is a public limited company?
👉🏼 As per the Companies Act, 2013, a Public Limited Company is a company with limited liability and a company that transfers its share to the general public.
👉🏼 With that, let’s move on to the basic requirements to meet to establish a Public Limited Company –
▶ A minimum of three members is required.
▶ Must include “Limited Company,” as a prefix in its name.
▶ One director must be an Indian resident.
▶ DSC must be required.