A Public Limited Company under Company Act 2013 is a company that has limited liability and offers shares to the general public. It’s stock can be acquired by anyone, either privately through (IPO) initial public offering or via trades on the stock market. A Public Limited Company is strictly regulated and is required to publish its true financial health to its shareholders.
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One of the advantages of a public limited company is that, as with a private limited company, a PLC is set up as a separate legal entity, which means that you won’t be financially or legally liable for losses made by the business. Other advantages of a public limited company include:
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