Brooks Consulting have rich experience in providing services for Public limited company formation, Incorporation of company, offshore company formation and new company registration. As per the governing rules, a ‘Company’ can be registered/setup up in India as Public Limited Formation where the incorporation of company formalities all over India is the same.
The Companies Act, 1956, under Section 3 (1) (iv) defines a public company as follows:
- It is not a Private Company
- The paid up capital is at a minimum of Rs 5 Lac or higher, as may have been prescribed
- Is actually a private company, but is a subsidiary of a public company
- Deemed public companies that are actually private companies. There are certain private companies that have been deemed public under section 43 A, viz: