A public limited company is a form of business organization that operates as a separate legal entity from its owners. It is formed and owned by shareholders. Shares of a public limited company may be listed and traded at a stock exchange market freely. Shareholders of a public limited company are limited to potentially lose only the amount they have paid for the shares they own.

A public limited company as to have any number of members, ease in transfer of shareholding and more transparency.

Key Features of Public Limited Company are:

• Minimum 3 Directors
• Minimum 7 shareholders
• Separate Legal Entity
• Perpetual Succession'
• Quick Share Transfer
• Borrowing Capacity
• Listing Shares on Exchange
• Limited Liability