BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Public limited companies are corporate entities that are registered under the Indian Companies Act. They have a separate legal identity and are considered to be distinct from their owners.

Detailed explanation-2: -How a Public Limited Company (PLC) Works. A PLC designates a company that has offered shares of stock to the general public. The buyers of those shares have limited liability, meaning that they cannot be held responsible for any business losses in excess of the amount they paid for the shares.

Detailed explanation-3: -The shareholders are the owners of the public limited company. Public limited companies are intended for companies with many shareholders, but there is no minimum requirement for the number of shareholders. The shares can be subscribed of or sold to an indefinte circle, the general public.

Detailed explanation-4: -A public limited company (PLC) is a business that is legally allowed to sell its shares to the public. Similar to a private limited company (LTD), the members of a PLC have limited liability – they are not responsible for the company’s debts unless they have given personal guarantees on any business loans.

Detailed explanation-5: -The key feature of a limited company is that it offers limited liability to its members. The company (as a separate legal entity) is liable for its debts and the members and directors are not personally liable (unless they have acted wrongly in some way).