Public Limited company registration.pptx

8/17/2019 Public Limited company registration.pptx

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Public Limited

CompanyRegistration


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Public Limited CompanyRegistration

Public company means a company which is not a private

company and doesn't have any prescribed minimum capital limit.

A Private company which is subsidiary of a public company shall

be deemed to be public company for the goal of this Act, even

where such ancillary company continues to be a private company

in its articles.

A public limited company is a team that has acknowledgment to

o er its securities for sale to public, typically through a stock

e!change, or sometimes a company whose stock is traded

through di erent market makers .

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Public Limited CompanyRegistration

A public limited must have at least seven shareholders.

A public company needed to have at least three directors

A public company is not authorized to commence business upon the issue of

incorporation certificate. It has to obtain commencement of business

certificate.

It must issue a prospectus or file a statement in lieu of a prospectus before

starting business transactions.


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Private Company and Public Company

The companies Act 1956 rules become a private limited company differsfrom public limited company in many applications.

The minimum figure in a private limited company of a member is two and thedirectors is also two persons and it has some conditions to transfer the shares.

ut the public limited company members are seven and the director a person isseven and it has no regulations.

The !rivate limited company have a word "!rivate # and the public limitedcompany has a word "$imited#.

The public companies are in a broad post of raising capital than private

companies to integrate bodies and it raise is capital with free and the capitalstructures of corporations are large based.

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Public Company


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Private Limited Company BecomesPublic Limited Company

A private limited company has become public limited company within three

terms of the date of the party and the company shall notify to registrar that

it turns into a public company and the word # $imited # in the signal of the

company upon registration and too ma%e the important modifications in the

certification of incorporation permits to the company purchased

administration.

In the holder of an unlimited company the articles shall case the total ofrepresentatives with which the company is to be registered and the company

as a part capital of the amount which the company is to be registered .



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Private Limited Company BecomesPublic Limited Company

In the case of public limited company shares is registered with the letter& articles of

organization signed by the contributor of the notice defining regulations for the company.

The section '(A of the companies Act was not going to be pursued in the fast case

because that section presents as a private limited company to be treated as a

public limited company registration only if not less than )5 percent of the paid share

capital is held by one or more bodies to corporate.

The section '(A with )1 and )( it follows that when a private limited company is

transformed into a public limited company apart from the difference in its name and the

structural entity of the company in Chennai is not concerned with any aspect.

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Conversion of private company intopublic company under the act 1956


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Public company converted into Privatecompany

The companies act 1956 under the provision of section '(*A+ of deemed public

company is converted into a private company.

The conversion of private company into public company may be either automatic

or there may be any positive and true reasons for the modification.

The difference between public company and private company in the matter of

flotation.

ecause a private company those who form they do certainly also float& but no

such floatation is available in case of a public limited company



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Public company converted into Privatecompany

In the case of a public limited company the last word of the name company with

$imited and with in the case of a private limited company as the last words of the

name is " Private Limited ".

The registration of a company has both private limited company and public

limited company is registered and conversion of private limited company into a

registration of public limited company their names in Chennai. The minimum

member of a private limited company is two and the public company has three

members of a company.

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Conversion of private company into public company

The section *'(+ and *''+ of the companies act 1956 to provide various

circumstances by which a private company can be converted into a public

company.

In such case the privileges and e,emptions en-oyed by private companies.



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The companies act 1956 of the section 1' is the important section where the

conversion of private company into a public limited company . The various

circumstances under the companies act 1956 was as follows

The private company is converted into public company in the section '( and ''

conversion.

A private company to maintain as a private company though becoming a public

company under the section '(.



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A private company is deemed to be a public company on the basis of shareholding

in the section '(/A.

A private company is deemed to be a public company on the basis of turnover

under the section of '(A*1A+.

A private company is deemed to be a public company on the basis of investment

in the section '(A *1 +.

Public Limited company registration.pptx

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