Q. Can a person have two digital signatures say one for official use and other one for personal use?

Yes, a person can have two Digital Signature Certificates (DSC) and it depends on him which he wants to use for personal purpose and which for official purpose.

Q. What are the different classes of Digital Signature Certificates?

Practically, now a days only two types of DSC is needed in the industry and these are:Class 2: Commonly used for Income Tax, MCA filing purposes. and Class 3: Commonly used for DGFT, Trademark, E-tendering purpose.

Q. How much time is taken to issue a DSC?

Normally, 1-2 days, Hubco.in will take to issue the DSC based on the documents availability.

Q. How to Select Name for Public Limited Company? with examples.

The company name selection should be done on the basis of company name structure. The Company name should start with your brand name e.g Hubco is our brand name (Trademark filed) and hence we have registered Hubco Technologies Private Limited. Likewise, in case of TATA steel limited, TATA is the brand name.

Q. What are the major advantages (pros/merits) for Public Limited Company?

Public limited companies are the highest considered form of business available in our country. It can do anything that is allowed to do in India. From raising funds from angel investors to having an initial Public Offer (IPO), it can offer many innovative measures to raise funds. It can be listed on any stock exchange. , It is considered for some serious business, helps you to gather resources. , Considered more trust worthy than any other form of business.

Q. What are the major disadvantages (cons/demerits) for Public Limited Company?

Like every coin has two sides, Public Limited Company has also certain disadvantages. Here are following disadvantages:It incurred high compliance cost,More compliances applicable than any other form of business,Stringent penalties if any non compliance is initiated.

Q. What is the difference between Private ltd Company and Public Limited Company?

Private limited company is considered inferior in comparison to Public Limited Company. Public Limited companies are considered to be superior than any other form of business.Here are certain difference between Private Limited Company and Public Limited Company:Public Limited Company.

Q. What are major features/characteristics of the Public Limited Company?

Here are some major features/characteristics of a Public Limited Company: It can bring Initial Public offer (IPO) to raise funds and can become the listed company, It is the superior form of business and hence compliances and controlling provisions are applicable as per Companies Act, 2013,It is not considered a small company and cost of registration and maintenance is high.

Q. What do you mean by plc Company limited? How company end with word ‘inc’ means?

PLC company limited is the short form of Public Limited Companies. The word ‘INC’ in the end is used by the companies registered in USA, e.g. Animaker Inc. etc.

Q. What are major steps involved in incorporation of Public Limited Company?

Public limited Company incorporation is done from a totally new procedure, which is done through SPICE e form. The incorporation procedure is as under: First we apply for Digital Signatures, Then we apply for Director Identification Number (DIN), Then we apply for Name approval as per your choice, After that in the end, we apply for incorporation through SPICE e form.