Public limited company:

Public Limited Company is a kind of limited liability Company which means the public company can grant limited liability to the management and the owners. The shares are transferrable to the public and it has a very limited liability. Through initial public offering or via stock market trade, the shares can be acquired by anyone. These offerings are used to raise the capital for the company. The rules and regulations are very strict when compared to private limited company. The funds which are invested in the company also belong to the public.