A Public Limited Company, as defined under the Company Act 2013, represents a dynamic entity where member liability is limited, and shares are offered to the general public. These companies can expand their shareholder base through an initial public offering (IPO) or trading on the stock market, offering an exciting opportunity for investment and growth.
Public Limited Companies operate under the purview of various sections, regulations, and rules, including Section 2(71) of the Companies Act, 2013, and the Companies Incorporation Rules, 2014.