The maximum number of shareholders in a public liability company is?
Answer Details
The maximum number of shareholders in a public liability company is unlimited.
A public liability company (PLC) is a type of business structure in which ownership is divided into shares and the company is publicly traded on a stock exchange. As a result, there is no limit to the number of shareholders who can hold shares in a PLC.
In contrast, a private limited company (Ltd) has a limit on the number of shareholders, which is typically set at a maximum of 50. This means that a private limited company cannot sell its shares to the general public.
In summary, the maximum number of shareholders in a public liability company is unlimited, while a private limited company has a maximum of 50 shareholders.