A Public limited company has most of the characteristics of a private limited company. A public limited company has all the advantages of private limited company and the ability to have any number of members, ease in transfer of shareholding and more transparency. Identifying
marks of a public limited company are name, number of members, shares, formation, management, directors and meetings, etc.,
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. A minimum of three Directors are required for establishing a Public Limited Company and it has
more stringent regulatory requirements compared to a Private Limited Company.