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Work At Home Free Classifieds => Post Your Products & Services Here => Topic started by: newco on December 07, 2012, 08:33:46 AM

Title: What is a Public Limited Company?
Post by: newco on December 07, 2012, 08:33:46 AM
A public limited company is defined to mean a company that is not a private company and which has a minimum paid up share capital of Rs. 5 lacs or more. The restrictions that are statutorily applicable on a private company do not apply to a public company. Therefore, the shares of a public company are freely transferable and there is no restriction on the maximum number of shareholders that it may have. A public company can also accept deposits from public as opposed to a private company.

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