What s Public Limited Company

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Revisión a fecha de 14:17 21 sep 2020; KatriceFlannery (Discusión | contribuciones)
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Thus, to assure a high degree of transparency. The public company has to pay dividends to its shareholders. Therefore it entitles every one among them a tiny proportion of that profit. Shareholders are the owners of a Public company. However, they appoint a board of directors who management and make decisions in regards to the enterprise. There ought to be minimum 7 shareholders and 3 Directors to arrange a Public Limited Company. Above all, Directors can be shareholders. Furthermore, the minimal paid-up share capital should be Rs. Yes, an NRI or Foreign National can be a shareholder or director in a public firm of India. However it should possess a DIN issued by MCA.

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