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Benefits of

Borrowing Capacity:

A company enjoys better avenues for borrowing of funds. It can issue debentures, secured as well as unsecured, accept deposits from the public, etc. Even banking and financial institutions prefer to render large financial assistance to the company rather than partnership firms or proprietary concerns

Frequently Asked Questions (FAQs)


A Public Limited Company must have a minimum of three Directors and seven shareholders.
The director needs to be at least 18 years of age and capable of doing contract under Indian Contract Act 1872.
A Limited company must hold a Board Meeting at least once in every quarter. In addition to the Board Meetings, an Annual General Meeting must be conducted by the private Limited Company, at least once every year within six months after the end of Financial Year. The gap between two AGM shall not be more than 15 months.
Maximum 15 directors may be appointed in Limited Company.
It is not mandatory to have the registered office address proof in the name of the Director. In case the registered office is not in the name of Director, a No Objection Certificate (NOC) from the owner of the premise is required.
Rs. 5 Lakh is the minimum authorized share capital to start the Public Limited Company.