A limited company grants limited liability to its owners and management. Being a public company allows a firm
to sell shares to investors this is benificial in raising capital. A minimum of three directors are required for
establishing a Public Limted Company and it has more stringent regulatory requirments compared to a Private Limited Company.
Public Limited Companies are those types of companies where minimum number of member is seven and there is no cap on the maximum
number of members. A public limited company has most of the characteristics of a private limited company. A public limted company has all the advantages of
private limited company and the ability to have any number of members, ease in transfer of shareholding and more more transparency.
Identifying marks of a public limited company are name, number of members, shares, formation, management, directors and meeting etc
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