Limited Company
LIMITED COMPANY FORMATION :
PUBLIC LIMITED COMPANY:
Conditions to be Public Limited are as follows:
Has a minimum paid up capital of Rs 5 Lakhs or such higher capital as may be prescribed;
To Convert from Private Companies :
25% or more its paid up share capital
Average Annual Turnover during the last 3 years exceeds Rs 25 Crores.
When it accepts the deposits from the public after making an invitation by an advertisement.