According to Section 2(71) of Companies Act, 2013 a “public company” means a company which –
>> Seperate Legal Entity
>> Perpetual Succession - Continued Existence
>> Limited Liability
>> Free & easy transferability of shares
>> Better Borrowing Capacity - Easy Funding
>> Capacity to sue & be sued
>> Credibility
>> Public Limited Company Registration
>> Minutes
>> Annual Filing
>> Income Tax Return Filing
>> DIN KYC