Public Limited

Company Registration

Incorporating a Public Company will provide you security & enjoys far more credibility than other business forms. Count on Corpbiz, and allow us to assist you in Registering Public Limited Company..

100000 +

Happy Customer

1000 +

CA & Lawyers

50 +

Offices

Schedule Free

Rated at 4.9 By 50000 + Customers Globally

Step 1

DIN & DSC for Directors and Name Approval

Step 2

Filing Application for Registration with the Ministry

Step 3

Obtain Certificate of Incorporation for your Company

Overview

Overview of Public Limited Company Registration

Public limited companies enjoy all the rights of a corporate entity with limited liabilities and it is an ideal choice for the small and medium scale enterprises who wish to raise the equity capital from the general public.

Basic Clarification on Incorporation of Public Limited Company

Just like other companies, Public Limited Company is also registered as per the rules and regulations of the Companies Act, 2013. A public Company enjoys the benefits of limited liabilities for its members and has rights to sell its shares for raising the capital of the company. It can be incorporated with a minimum number of three directors and has more stringent rules and regulations as compared to a Pvt. Ltd. Company.

It must have a minimum number of seven members whereas there is no limit for the maximum number of members. It provides all the benefits of a private limited company along with more transparency and easy transferability of ownership and shareholding. Name, shares, formation, number of members, management and directors, etc differentiates any Public limited company from the private limited companies.

Benefit

Benefits of Public Limited Company Registration

Here are the benefits provided to the company with Public Limited company registration

Limited liabilities for the shareholders of the company
Shareholders of the public company enjoy the benefits of limited liabilities under which their assets are safe and cannot be used to clear the debts and losses of the company. Despite of it, the shareholders are responsible for their own legal offenses. All the members, directors and shareholders enjoy this right and their assets cannot be seized by any bank, creditors or government bodies.
Perpetual Succession
A public limited company is considered as a corporate body that has perpetual succession. Means in case of death, retirement, insanity, and insolvency of one or more members/ shareholder/ directors, the company still continue its existence.
Improved capital of the company
In a public limited company, the general public is invited to buy the shares of the company. Hence, anyone can invest in a public company that improves the capital of the proposed company.
Borrowing Capacity
A public company can enjoy unlimited sources for borrowing funds. It can issue equity, debentures and can accept the deposits from the general public by selling its shares. Moreover, most of the financial institutions find public companies more prominent than other unregistered companies.
Fewer risks
Since public companies can sell their shares to the public, it lesser the scope of unsystematic risks of the market.
Better opportunities for growth and expansion of the company:
Fewer risks lead to better opportunities so that the company can grow and expand by investing in new projects from the funds raised by selling its shares in the market.

Listicles

Documents Required for Public Limited Company Registration

An applicant has to collect all these documents to file along with the incorporation application:

Identity Proof such as Aadhar card, PAN card, Driving License, Voter Id of all the designated directors and shareholders.
Address Proof of all the proposed directors and shareholder of the company.
PAN card details of all the directors and shareholders
Utility bill such as telephone, gas, water or electricity bill of the registered office as a residential proof of the business place. It should not be older than 2 months.
An NOC or No Objection Certificate from the landlord of the business place.
DSC or Digital Signature Certificate of the designated directors
Memorandum of Association (MOA) and Article of Association (AOA)

Features of Public Limited Company Registration

Here are some important features of Public Limited Company:

Number of Directors in the company
As stated in the provisions of Companies Act, a public company must have a minimum number of 3 directors to incorporate a company whereas there is no restriction on the maximum number of directors.
Name of the Company
All the Public limited companies must add “Limited” word at the end of their name. it is denoted as an identity of a public company.
Prospectus of the Company
Prospectus of the company is mandatory for the public limited companies. It is issued by the proposed company for its general public. It is a note of comprehensive statements of works and affairs of the company. However private companies have no such compliances as they don’t have rights to invite the public for their shares.
Paid-up Capital
As per the requirements of the act, no minimum capital required for the registration.

What is the difference between the Public limited Company and Private Limited Company?

There are various points of differences between both these companies. Here are some chief differences between both:

Registration Procedure

Public Limited Company Registration Procedure

Step 1: Apply for the Digital Signature Certificate
First of all, you have to apply for the Digital Signature Certificate for all the proposed directors in the company. DSC is used to sign the e-forms and is an authentic and safe method to file all the documents on an electronic platform. It is a mandatory document.
A director can easily obtain DSC from the nearest Certifying Authorities or CAs with self-attested coppices of their identity proof. It takes around 1 -3 working days to obtain a DSC.
Step 2: Name Verification
The third step involves name registration of the company. You can check the name availability through the MCA portal by following this step
Visit the MCA Portal> select the MCA services> Click Check Company Name
Note: The company name should not be taken or registered and should not be similar to a brand name.
Step 3: Filing Form SPICe+
Once the company’s name has been approved you can now file the SPICe+ form to avail the company incorporation certificate. Along with it, you have to file all the required documents such as MOA (Memorandum of Association) and AOA (Article of Association). These two documents contain the details of the mission, objectives, aims, visions, business activities, responsibilities of all the directors and shareholders and definition of the proposed company.
All the documents and applications are further verified by the higher authorities and it takes around 7 to 9 working days.
Step 4: Obtaining Certificate of Incorporation
Once all the applications and document to have been received to the authorities and they have verified it, the company would receive the Certificate of Incorporation which will include CIN and date of incorporation.

Requirements for the Public Company Registration

According to the provisions of Companies Act, 2013 here are the requirements you need to fulfill to incorporate a Public company in India:

The proposed company must have a minimum number of 7 shareholders
The proposed company must have a minimum number of 3 directors
No minimum capital required
At least one director should have a Digital Signature Certificate
Memorandum of Association and Article of Association.
After approval from Registrar of the Companies, the proposed public company has to apply for the “Certificate of Business Commencement.”

Registration Procedure

What are the Trademark Classes for Goods?

*S. No*	*Class*	*Description Of The Goods*
1.11	Class 1	Chemicals which are used in photography, industry, forestry, Tanning and adhesive substances, unprocessed artificial resins, etc.
2.	Class 2	Paintings, lacquers, printing, coals & pigmentation, mordants, and art etc.
3	Class 3	Cleaning products, essential oils, bleach and abrasives, cosmetics, laundry products, etc.
4.	Class 4	Fuels, greases, industrial oil, types of all illuminates, wetting and binding compositions, wicks etc.
5.	Class 5	Pharmaceuticals, dietetic, veterinary products, dental wax, herbicides, disinfectants, fungicides etc.
6.	Class 6	Metal castings, locks and safes, common metal and their alloys, building material (metal), hardware, other metals are not comprised in any other class etc.
7.	Class 7	Incubators for eggs, Machine and its parts (except for land vehicles), etc.
8.	Class 8	Implements, cutlery and razors, hand tools, etc
9.	Class 9	Cash registers, teaching apparatus, calculating machines and data processing equipment, magnetic data carriers, etc.
10.	Class 10	Surgical, artificial limbs, medical and dental apparatus, eyes teeth etc.
11.	Class 11	Apparatus for lighting, heating, steam generating, refrigerating, cooking, dying etc.
12.	Class 12	Apparatus for locomotion by water, land, and air.
13.	Class 13	Ammunition, explosives, firearms, fireworks etc.
14.	Class 14	Products in precious metals, Precious metal and their alloys, jewellery etc.
15.	Class 15	All kinds of Musical instruments, etc.
16.	Class 16	Paper, Hardboard/Cardboard, and goods made from these materials, print matter, bookbinding, playing cards, paint brushes, printing blocks etc.
17.	Class 17	Rubber, asbestos, gum, mica, and goods made from these materials and not incorporated in other classes.
18.	Class 18	Leather and items of leather, and articles which are made from these items and not comprised in other classes, animal skins, etc.
19.	Class 19	Non–metallic unbending pipes for buildings, pitch, asphalt, and bitumen etc.
20.	Class 20	Picture frames, Furniture of wood, mirrors, cork, reed, cane and not involved in any other category.
21.	Class 21	Brush making material, household and kitchen utensils, articles for cleaning purposes, etc.
22.	Class 22	Nets, strings, ropes, sails, sacks, bags and fibrous textile materials etc.
23.	Class 23	Threads and yams for textile uses.
24.	Class 24	Textile and its goods which are not included in the other classes.
25.	Class 25	Footwear, Clothing, and headgear.
26	Class 26	Fringes and Fancy Goods and Products
26.	Class 27	Floor Coverings and Wall Hangings: Non-textile carpet, rugs, linoleum, wall hangings, and other resources which are used for covering floors.
28.	Class 28	Christmas decorations, Game and playthings, sports, and other sporting items which are not covered under any other class.
29.	Class 29	Poultry items, jams, eggs, oils and edible oils. etc
30.	Class 30	Coffee, sugar, tea, cocoa, rice, spices tapioca, etc.
31.	Class 31	Agriculture, horticulture, and forestry grains which are not included in any other class list. It also includes fresh fruits and vegetable, malt, seeds, etc.
32.	Class 32	Beer, aerated drinks, non-alcoholic drinks (including juices and fruits drinks) and other things which are used for making beverages.
33.	Class 33	All kinds of alcoholic beverages (apart from beer)
34.	Class 34	smoker’s articles, matches, tobacco

What are the Trademark Classes for Services?

*S. No*	*Classes*	*Description Of Services*
1.	Class 35	The commercial organization, advertising and Business, and the services which help the management in managing the affairs are included in this list. It also includes any advertising activity in which any broadcast, or announcement is made to the general public at large or represents any type of goods and services.
2.	Class 36	Activities relating to insurance, insurance and financial, and finance sector or the monetary sector are included in this class.
3.	class 37	The work done by contractors and sub-contractors, Construction and Repair, the making or repairing work of buildings or any restoration of work to its earlier state is included in this list of class.
4.	Class 38	Communication and services which help in communicating anything between people whether oral or visual is covered in this class.
5.	Class 39	Transportation and storage in which any service connected to storage of goods in a warehouse, or any other place or transporting them from one place to some other is included in this class. Moreover, the transportation can be via water, land, or air.
6.	Class 40	Material treatment in which any service which involves changing of a chemical or the mechanical arrangement of a substance is included in this class. It also includes other services which are not included in any other class on the similar lines.
7.	Class 41	Education and Entertainment in which any service improves the knowledge or mental capacity of an animal or person- is included in this class. It also includes services which interests on people or animals.
8.	Class 42	Any scientific and technological services, research or any development of any computer hardware, software or any legal services are included in this class. It mainly includes the services provided by an engineer (designing, making blueprints, etc.) as well as any research for medical services. However, it does not include any services under business research/services covered under class 35, 36, 37, 44.
9.	Class 43	Temporary Accommodations in which any service provided by a person or establishment which included the preparation of drinks or food for consumption services, or given a bed for stay is included under this class. It also includes the services for “reservation or a place of stay” made/prepared for animals. Moreover, it specifically does not include any business/service covered under the trademark classes 36, 39, 40, 41 and 44.
10.	Class 44	All kinds of Medical Services: This class of section covers the services related to hygiene, first aid, medical services, and beauty parlor services to human beings/animals. It also includes the services which are connected to the field of horticulture or agriculture. However, it does not include the services which are already included under trademark classes 37, 39, 40, 41, 42, 43. It mainly includes the services of breeding of animals, medical advice, and services relating to plant growth, services relating to artificial insemination.
11.	Class 45	Any social or personal service is covered under this particular class. It includes surveillance of people for the safety and well-being, and protection of their interest. It includes social projects like funeral services, matrimony services, etc. Moreover, it does not include any services which are already covered any car rental services or under the classes 35, 36, 39, 41, 42, 44.

Basics of Trademark Classification

Trademark class separation is done in Goods and Services, in which each class has different kinds of goods and services.

The Types Of Goods Which Come Under The ‘Goods Class Section” Is Given Below:-

The end product is classified according to its purpose or function. Moreover, the end product gets classified by analogy with other comparable end products indicated in the Alphabetical List. It happens in case the function or purpose of a product is not stated in any class. Moreover, other subsidiary criteria are also applied to the same material as the product is made or its mode of operation, if none is found.
A finished product may be classified in all classes, which is known as a multipurpose object that corresponds to its functions.
An unworked or semi-worked, and raw material gets classified according to the material they involve.
The Goods proposed to form part of another product are, in principle, classified in the same class of list as that product only in cases where the same type of goods cannot generally be used for another purpose.
When a good is classified according to the material of which it is made or different materials, the product is, in principle and classified rendering to the majority’s material.

The Types Of Services Which Come Under The “Services Class Section” Are Given Below:-

It includes all the services, which are classified according to the branches of activities specified in the service classes’ headings and in their Descriptive Notes. If not specified, it must be in the domain by analogy with other comparable services indicated in the Alphabetical List.
Rental services are classified through the rented objects in the same classes as the services provided.
Services that provide information or consultation, and advice, are in principle, classified in the same classes as the services that parallel the subject matter of the information or consultation and advice.

Why should you choose the CorpBiz Trademark Class Finder?

We all know that Trademark Class Finder is an integral part of trademark registration; however, many companies miss the mark to carry these out comprehensively or regularly. A complete understanding of the context of Trademark Class Finder can improve your brand’s exclusivity and protection. CorpBiz will provide you with a full overview and assistance of many theoretical questions. Such as, what a trademark class is actually, why they must be observed upon promptly, when they are needed to determine, and what it means by which you can go about directing your trademark class finder.