YOU CAN NOW REGISTER A PUBLIC LIMITED COMPANY IN INDIA AT JUST RS. 17,499 (ALL INCLUSIVE)*
PLC, or public limited company, is an abbreviation for public companies in the U.K., All of the companies listed on the London Stock Exchange are PLCs., Any retail investor may buy stock in a PLC., Unlike privately-held companies, public companies must publish certain financial data and disclosures for the public at regular intervals., The formal names of some familiar U.K. brands like Burberry and Shell include the suffix PLC. This type of company offers limited liability for its shareholders. Where a private limited company can be registered with 2 directors and shareholders, 3 directors & 7 shareholders are required to register a public limited company.
A PLC designates a company that has offered shares of stock to the general public. The buyers of those shares have limited liability, meaning that they cannot be held responsible for any business losses in excess of the amount they paid for the shares.
A PLC designates a company that has offered shares of stock to the general public. The buyers of those shares have limited liability, meaning that they cannot be held responsible for any business losses in excess of the amount they paid for the shares.
In the U.K., a PLC operates along similar lines as a public corporation in the U.S. Its operations are regulated and they are required to publish periodic reports to shareholders and prospective shareholders on its true financial health.
U.K. company law says that a PLC must have the PLC designation after the company name and minimum share capital of £50,000. Like a publicly traded company in the U.S., PLCs offer various types of shares, such as ordinary and cumulative preference shares. Ordinary shares of a PLC are similar to common stock issued by U.S. corporations.
Cumulative preference shares are akin to preferred stock in the U.S. Other key requirements for a PLC include offering shares, appointing directors, and adhering to registration requirements. The PLC must also have PLC or public limited company as part of the name.
