Q. What are major features/characteristics of the Public Limited Company?
by Paras Mehra 1.55K
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.
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