A Public Limited Company (PLC) is a type of business structure in India that is owned by its shareholders and has limited liability protection. PLCs can raise capital through the sale of shares to the general public, which allows them to raise large amounts of capital quickly.
CFS is a company that provides services related to setting up a PLC in India. The company offers end-to-end solutions for company incorporation, which includes the drafting of memorandum and articles of association, obtaining director identification numbers, name approval, and other legal and regulatory requirements.
Additionally, CFS also provides ongoing compliance services for PLCs, which includes filing of annual returns, conducting board meetings, and maintaining proper books of accounts. This ensures that the PLC is compliant with all legal and regulatory requirements, and avoids any penalties or legal issues.
One of the key benefits of a PLC is that it has the ability to raise capital through the sale of shares to the general public, which allows the company to finance its growth and expansion. CSRK helps ensure that this process is carried out in compliance with legal and regulatory requirements, and that the company is able to raise capital efficiently and effectively.
Another advantage of a PLC is that it has a separate legal entity status, which means that it can enter into contracts, acquire assets, and conduct business operations in its own name. CFS assists in the process of obtaining this legal entity status and provides ongoing support to ensure that the PLC remains compliant with legal and regulatory requirements.
CFS’s work revolves around helping entrepreneurs and businesses set up and run their companies in a legally compliant and efficient manner. Their expertise in company incorporation and compliance ensures that their clients can focus on their business operations, without having to worry about legal and regulatory requirements.
