A public limited company is one whose shares can be freely traded to the public and can be listed on the stock exchange. It is a limited liability company that raises funds by issuing shares to the general public. Section 2 (71) of the Companies Act defines a "public company" means a company which— (a) is not a private company (b)  has a minimum paid-up share capital as may be prescribed Provided that a company which is a subsidiary of a company, not being a private company, shall be deemed to be a public company for the purposes of this Act even where such subsidiary company continues to be a private company in its articles Requirements/Eligibility for registering Public Limited Company · Minimum of 7 Shareholders. · Minimum of 3 Directors. Documents required for incorporating a Public Limited Company 1. Proof of identity of all the shareholders and directors. Such documents include Passport, Driving license, Voter Id (Self-attested copy) 2. Proof of address of all the directors and the shareholders. Such documents include bank statements, electricity bills, water bills, gas bills, and telephone (should not be older than 2 months) (Self-attested copy) 3. Indian nationals are mandatorily required to provide an attested  copy of PAN 4. Foreign nationals must submit attested passport copies. 5. Memorandum of Association (MOA) and Articles of association (AOA). 6 · No Objection Certificate from the owner of the Address to be used as a Registered Office address. · In the case of leased property, the copy of the lease deed and copy of Electricity bill / Water bill / Gas Bill / Telephone Bill (should not be older than 2 months) for registered office property. · In case of owned property, copy of sale deed and copy of Electricity bill / Water bill   /Gas Bill / Telephone Bill (should not be older than 2 months) for registered office property. 7 • In case any of the shareholders or subscribers to the MOA   and AOA is a Corporate Entity (Company, LLP, etc.) then Certificate of   Incorporation of that corporate entity must be attached together with the resolution passed by the Corporate entity in favor of subscribing to the shares of the company which is going to be registered. • In case subscriber to the proposed company is a Foreign company and/or company incorporated outside India then Copy of certificate of incorporation of the foreign body corporate and resolution passed thereon in favor of subscribing to the shares of the company which is going to be registered. So, What is Instade Alogs is all about? It is an audio learning and discussion forum enriching our listeners to get all the valuable insights related to the professional world. You can connect with us on Linkedin | Twitter | Facebook | Instagram We are Listed on the Below mentioned Platforms, you may subscribe to anyone to get instant updates: Listen on Spotify  | Apple Podcasts | Google Podcasts | Castbox | Radio Public | Pocket Casts | Overcast  | Breaker