Public Limited Companies are exclusively entitled to trade in the stock market or issues fixed deposits. For a public company, a minimum of three Directors are required whereas it must have a minimum of 7 shareholders but there is no limit as regards the maximum number. In public company shares are freely transferable and that too without the prior consent of other shareholders.
Manish Kumar
What is Public limited company?
Kindly let us know the meaning of Public limited company.
Leave a Reply