Public Limited Company In India

A public limited company is one of the most popular business structures in India. It is a type of business entity that offers limited liability to its shareholders and raises capital by issuing shares to the public. In this blog, we will discuss public limited companies in India and provide a detailed overview of NeuSource Startup Minds India Ltd., a public limited company in India.

What is a public limited company?

A public limited company is a type of business entity that is incorporated under the Companies Act, 2013. It has a minimum of seven shareholders and three directors, and it is allowed to issue shares to the public. The shareholders of a public limited company have limited liability, which means their personal assets are not at risk if the company faces financial difficulties. The liability of shareholders is limited to the amount they have invested in the company.

Features of a Public Limited Company

1. Limited Liability: The liability of shareholders is limited to the amount they have invested in the company. This means that the personal assets of the shareholders are not at risk if the company faces financial difficulties.
2. Separation of Ownership and Management: In a public limited company, the ownership is separate from the management. Shareholders elect the board of directors, which manages the company's affairs.
3. Transferability of Shares: The shares of a public limited company are freely transferable. Shareholders can sell their shares to anyone without the consent of other shareholders.
4. Capital: A public limited company can raise capital by issuing shares to the public. This makes it easier for the company to raise large amounts of capital.
5. Perpetual Succession: A public limited company has perpetual succession. It means that the company continues to exist even if the shareholders or directors change.

NeuSource Startup Minds India Ltd.

NeuSource Startup Minds India Ltd. is a public limited company in India that provides services related to company incorporation, taxation, compliance, and other legal services. The company was incorporated in 2019, and it has its registered office in Delhi.

Features of NeuSource Startup Minds India Ltd.

• Experience: NeuSource Startup Minds India Ltd. has a team of experienced professionals who provide services related to company incorporation, taxation, compliance, and other legal services. The team has years of experience in the field, which makes them experts in their respective areas.
• Technology-Driven: NeuSource Startup Minds India Ltd. is a technology-driven company. The company uses technology to provide fast and efficient services to its clients. The company has developed software that helps in the process of company incorporation.
• Customer Support: NeuSource Startup Minds India Ltd. provides excellent customer support to its clients. The company has a team of dedicated customer support executives who are available to help clients with their queries and issues.
• Affordable Pricing: NeuSource Startup Minds India Ltd. provides its services at affordable prices. The company has different pricing plans that cater to the needs of different clients.

Services Offered by NeuSource Startup Minds India Ltd.

Company Incorporation: NeuSource Startup Minds India Ltd. provides services related to company incorporation. The company helps clients register their companies and obtain various licenses and registrations required for running their businesses.

• Taxation: NeuSource Startup Minds India Ltd. provides taxation services to its clients. The company helps clients file their income tax returns, GST returns, and other tax-related filings.
• Compliance: NeuSource Startup Minds India Ltd. provides compliance-related services to its clients. The company helps clients maintain compliance with various laws and regulations.
• Legal Services: NeuSource Startup Minds India Ltd. provides legal services to its clients. The company helps clients draft various legal documents, agreements, and contracts.

Advantages of a Public Limited Company

There are several advantages to incorporating a public limited company in India, some of which include:

1. Limited Liability: As mentioned earlier, shareholders of a public limited company have limited liability. This means that their personal assets are not at risk if the company faces financial difficulties.
2. Raising Capital: A public limited company can raise capital by issuing shares to the public. This makes it easier for the company to raise large amounts of capital.
3. Transferability of Shares: The shares of a public limited company are freely transferable. Shareholders can sell their shares to anyone without the consent of other shareholders.
4. Perpetual Succession: A public limited company has perpetual succession. It means that the company continues to exist even if the shareholders or directors change.
5. Brand Recognition: Public limited companies are usually perceived as more credible and trustworthy than other types of businesses. This helps build the company's brand recognition and attract more customers.

Disadvantages of a Public Limited Company

While there are several advantages to incorporating a public limited company, there are also some disadvantages, such as:

1. Regulatory Compliance: Public limited companies are subject to more regulations and compliance requirements than other types of businesses. This can be time-consuming and expensive.
2. Cost: Incorporating a public limited company can be expensive compared to other types of businesses. It involves more legal and administrative work, which can increase the cost of setting up the company.
3. Public Disclosure: Public limited companies are required to disclose their financial information to the public. This can lead to a loss of privacy and confidentiality.

Conclusion

A public limited company is a popular business structure in India that offers limited liability

to its shareholders and the ability to raise capital by issuing shares to the public. NeuSource Startup Minds India Ltd. is a leading public limited company in India that provides services related to company incorporation, taxation, compliance, and other legal services.

The experienced team at NeuSource Startup Minds India Ltd. provides fast and efficient services to its clients using technology-driven solutions. The company has developed software that streamlines the process of company incorporation, making it easier and faster for clients to start their businesses.

NeuSource Startup Minds India Ltd. provides excellent customer support to its clients, and its services are priced affordable. The company has different pricing plans that cater to the needs of different clients.

In conclusion, if you are planning to start a business in India, a public limited company can be a great option. And, NeuSource Startup Minds India Ltd. can be your go-to company for all the services related to company incorporation, taxation, compliance, and other legal services. Their experienced team, technology-driven solutions, and excellent customer support make them a top choice for businesses in India. 

Santosh Dantani

To start a new business is easy, but to make it successful is difficult . So For success, choose the best." Be compliant and proactive from the beginning and choose NEUSOURCE as your guidance partner.