A Public Limited Company is a separate legal entity that raises funds from the public, offers shares via stock exchange, with limited liability and strict compl
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A Public Limited Company (PLC) is a registered corporate entity that can raise capital by offering its shares to the public through a stock exchange. It requires a minimum of 3 directors and 7 shareholders, with no upper limit on the number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares. PLCs must comply with strict regulations, transparency norms, and regular disclosures under the Companies Act and SEBI guidelines. They enjoy easier access to capital but face higher compliance costs and public scrutiny.
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