Public Company Registration in Moradabad

Public Company Registration in Moradabad

Public company – The term ‘public company’ has been defined under section 2(71) of Companies act 2013. A ‘public company’ means a company which is not a private company and which has minimum paid up share capital as may be prescribed. It will be legal for your business if you want to increase your busniess in the market. Public limited comapany is a large company and there's no limit on maximum members in the companies but it has minimum 7 person to Resgitration of Your Company in Moradabad. It has the following features –

• It does not restrict transferability of shares
• At least 7 members are required to form a public company
• There is no restrictions on the number of members
• It has at least 3 directors.
• Its name end with the word “limited”
• It can accept public deposits and invite public for subscription of its shares and debentures
• A private company which is a subsidiary of a public company will also be considered a public company under this Act.

You can visit us to Privatae Company Registration in Moradabad office we will happy to serve you. We will extend our support at the initial consultation to draft for name selection of the company.