Public Limited Company Registration

CONDITIONS:

  • Public Company is a company which is not a private Company;
  • Public Company must have at least 7 members and 3 Directors;
  • Public Company has a minimum paid - up share capital of 5,00,000 or such higher paid up capital as may be prescribed;
  • Object clause of Memorandum:
  • Penalty will be imposed if wrong information is provided to obtain name for the company;

STEPS TO BE TAKEN TO GET A PUBLIC COMPANY INCORPORATED:

  • Select, in order of preference, at least one suitable name up to a maximum of six names, indicative of the main objects of the company.
  • Apply to the concerned ROC to ascertain for reservation of name in e-Form INC.1 and the digital signature of the applicant proposing the company has to be attached in the form. If proposed name is not available, the user has apply for a fresh name on the same application.
  • After the name approval the applicant can apply for registration of the new company by filing the required forms (that is FORM INC.7 Application for Incorporation of Company (Other than OPC), and FORM DIR-12 for Particulars of appointment of Directors and the key managerial personnel and the changes among them) within 60 days from the date of application.
  • Submit the FORM INC.7, FORM INC.22, and FORM DIR-12 after attaching the digital signature.
  • After processing of the Form is complete and Corporate Identity is generated obtain Certificate of Incorporation from ROC.

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