Public Limited Company By Toni Grey
Generally, a private enterprise is formed by establishing a new company However, there can even be the privatisation of existing public sector companies Typically, these companies are run with a singular motive of maximum profit generation This plan is usually promoted by building a brand reputation These enterprises must follow government norms and regulations However, theseA private company can be reregistered as a public company, in line with Part 7 of the Companies Act 06, by passing a special resolution (at least 75% of shareholder votes in favour) delivering Form RR01 to Companies House;
