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 beneficial in raising capital. A minimum of three Directors and seven shareholders are required for establishing a Public Limited Company and it has more stringent regulatory requirements compared to a Private Limited Company. There is no cap on the maximum number of members in a Public Limited Company as compared to a Private Limited Company where the maximum limit of members is two hundred. A public limited company has most of the characteristics of a … Continue reading PUBLIC LIMITED COMPANY