Public Companies are governed under sec 2 (70) of the Companies Act, 2013.

Sec 2 (70) defines public company as the one which is not a private company.

Mandatory Requirements to incorporate a public company:

  1. There must be at least 3 directors
  2. Minimum number of members should be 7 and there is no limit on the maximum number of members
  3. No restriction on transfer of shares
  4. Can also invite money from public subject to compliance of various applicable laws and adherence of FEMA regulations & guidelines.


Public & Private Company- A Comparison:

A Public Company has a larger number of compliances as compared to a private company. So it is advisable to the clients to incorporate a private limited company and later on as per the requirements of the organisation convert a private company into a public company.


How we help you in the process of successful Incorporation of your company?

We provide our extensive services in incorporating a company right from the first stage of approving the name for your company, obtaining DIN (Director Identification Number), DSC (Digital Signature) of Directors, obtaining Certificate of Incorporation.