To become a public limited company you must float your shares on the stock exchange. This can lead to someone buying a majority share and ultimatly becoming in control of the company.
IN GENERAL .LTD IS CALLED AS PUBLIC LIMITED COMPANY ON THE BASIS OF ITS OWNERSHIP.
MOSTLY ALL THE COMPANIES HAVING LIMITED LIABILITY TO ITS SHAREHOLDERS... INDEED,UNLIMITED COMPANIES ARE FORMED...
public limited company all of these company has a PLC label after there names they are larger than a privet limited company and moastly more sucsesfull with there shares , etc the most commen shops...
PLC's share holdings are usually sold to the public, ie the public part own them. Limited companies, the shares stay in the company with the directors holding them, they cannot sell them to the...