What Is Public Limited Company
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Revisión de 06:16 21 sep 2020
Thus, to guarantee a excessive degree of transparency. The public company has to pay dividends to its shareholders. Therefore it entitles each one of them a tiny proportion of that profit. Shareholders are the homeowners of a Public firm. However, they appoint a board of administrators who management and make choices concerning the enterprise. There should be minimal 7 shareholders and three Directors to set up a Public Limited Company. Above all, Directors can also be shareholders. Furthermore, the minimal paid-up share capital should be Rs. Yes, an NRI or Foreign National may also be a shareholder or director in a public company of India. However it ought to possess a DIN issued by MCA.
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