LISTED COMPANY

Ltd company is otherwise known as public limited company and pvt ltd company is a private limited company. Under public limited there are private sector company and public sector company.

The difference between pvt ltd and public ltd company is in the no. of shareholders and transferability of shares. In pvt ltd the minimum no. of shareholders is 2 and maximum is 50 excluding the past and present employees who holds shares . Whereas in public limited the minimum no. of shareholders is 7 and there is no maximum limit.

In the case of public limited co., the shares are freely transferable but it is not so in private limited company.

Some of the strigent requirements which are applicable to public limited companies are not there in the case of private limited companies.

Public sector company is a company where the central govt or state govt or both of them combined together holds the majority of shares. But in Private sector companies the private individuals or business houses holds the majority of shares.

regards,

ratan

Meaning of Listed Company

A company issuing stocks, which are traded on the open market, either on a stock exchange or on the over-the-counter market. Individual and institutional shareholders constitute the owners of a public company, in proportion to the amount of stock they own as a percentage of all outstanding stock. Thus, shareholders have final say in all decisions taken by a public company and its managers, especially through its annual shareholders' meeting. Public companies have greater access to financing than other companies, as they have the ability to issue more stock.

regards,

ratan

thanks. but basically i m asking for Statutory Compliance like Public Ltd have to comply for Listing Agreement 49, Corporate Governance Report, Quarterly Report AS-25 , Whole Time Secretarial person, and so on.

Dear Friend,

You may check my new article titled Listed Company Compliances for April 2010 in the article section of caclubindia and available at the link below:

Listed Company Compliances-Due for April 2010

All these compliances are mandatory for a listed company but not applicable for an unlisted company.

Regards

Thanks sir.

I am told that there are some good openings with a company. Write to gupta @ brightex.net with you CV. Openings at all levels.