Yes, an NRI or Foreign National can be a Director in a Public Limited Company after obtaining Director Identification Number. However, at least one Director on the Board of Directors must be a Resident of India.
No, unlike a Private Limited Company a Public Limited company has no limits on a maximum number of shareholders.
When the total capital of a company is divided into shares, is called share capital. The share capital is the total amount of capital collected from their shareholders for the purpose of achieving the objectives of the company.
A Public Limited Company must have a minimum of three directors.
DIN is a unique identification number allotted to an individual who is appointed as a Director of a Company and it is mandatory for every Director to have this number.
Compliance is important with a limited company, given that penalties for non-compliance can run into lakhs of rupees and even lead to the blacklisting of directors.