What is a Public limited company?

3 years ago
Principle of Management

A Public limited company should have a minimum of 7 members and the maximum limit is unlimited. It can issue shares to the Public. The financial statement should be sent to all the members and to the Registrar of Companies. The shares of a public limited company can be transferred by the members to the others without any restriction by the company. Such transfers are made through organized markets called „stock markets‟ or „stock exchanges‟. Ex: M/s Pearl credits Ltd.

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Susmita Sah
Susmita Sah
Jan 13, 2022
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