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What is a Public Limited Company?

Public Limited Company is characterized by following features: 1. Minimum number of shareholders is 7 and there is no limit on maximum number of shareholders. 2. Minimum two numbers of directors are required to form a public limited company. 3. It can freely approach public in general to subscribe for its shares or debentures. 4.…

Public company - Wikipedia

A company with many shareholders is not necessarily a publicly traded company. In the United States, in some instances, companies with over 500 shareholders may be required to report under the Securities Exchange Act of 1934 ; companies that report under the 1934 ……

10 Differences Between a Public and Private Company ...

Public companies may not pass circulating resolutions of shareholders unless the company constitution explicitly allows for it (which is rare). Private companies may pass circulating resolutions of shareholders or directors as long as all shareholders (or directors, as relevant) are given the proposed resolution and agree to it.…