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| Public Ltd |
| A company incorporated under The Companies Act,1956 with Seven or more members as signaotories to the Memorandum and Articles of Association.
A Public Ltd company may again be
1. an Unlisted or a closely held company
2. a Widely held or a Listed company.
Listing refers to the listing of the comapny`s share in a Stock Exchange.
Host of provisions are applicable to a Public Limited company in terms of governance.
Example : ABC Softsolutions Ltd.
The term Ltd ( abbreivation of Limited ) denotes that the members liability is limited. |
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