A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders. Any Public company should have at least 7 shareholders and no limit for maximum shareholders and should have at least 3 Directors. Public Company is required to comply with more strict compliance as compared to a private company.

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