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Public Limited Company Registration – meta corpites
When seven or more than seven persons are interested to share their profit and liability and they register their entity under Companies Act, 2013 which is not a private company. As per sec 2(71) of the Companies Act, 2013, A ‘Public Company’ means a company which has minimum paid-up share capital as may be prescribed and which is not a private company. Further a private company which is a subsidiary of public company shall also be deemed to be a public company for the purpose of this act.
15-Nov-2021, 11:18 AM