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Which of the following is (are) type(s) of Public Limited Companies?

A. Listed companies

B. Non listed companies

C. Private limited companies

D. Both listed and non listed companies

Answer: Option D

Solution (By Examveda Team)

Listed companies are public limited companies with shares quoted and traded on a recognized stock exchange.

Due to such type of conditions, these companies are regulated highly by the laws and regulations of the stock exchange, where they have to make disclosures towards the public relating to their financial condition.

Non-listed companies are also public limited companies, but their shares are not quoted and traded on any stock exchange. These companies do not need to offer such an intensity of public disclosures as the listed companies, but they still maintain the essential qualities of the public companies, where at least seven shareholders can be identified .

Public limited companies
Therefore, the public limited companies may either be listed companies or non-listed companies based on their shares being traded in a public forum.

Private limited companies
Private limited companies are different from the public limited companies in which, ownership is relatively more controlled by limited persons and the shares are not allowed to be sold in a public forum.

This Question Belongs to Commerce >> Accounting

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Comments (1)

  1. HARIHARAN M
    HARIHARAN M:
    1 year ago

    How can a Non-Listed Company become a public limited company?

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