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Requirements for a(PLC) Private Limited Company in India?


Corporate Services
Business Angel
Sep 19, 2009
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What are the Requirements for a Private Limited Company?Here are some of them.You are welcome if you can add more to this subject.

A Registered Business Name- This must be followed by the word ‘Limited' or ‘Ltd'. The Companies Registration Office exercises some control over the choice of name, it cannot be identical (or very similar to) the name of an existing company.

A Registered Office-This is the address, through, where all official correspondence will go.

Shareholders: There must be a minimum of two and maximum up to 50 shareholders (also described as `members' or `subscribers').

Share Capital-The company must be formed with a stated, nominal share capital divided into shares of fixed amounts. Small companies are frequently formed with a nominal share capital of Rs.100($2).

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