What are the major disadvantages (cons/demerits) for Public Limited Company?

What are the major disadvantages (cons/demerits) for Public Limited Company?

Like every coin has two sides, Public Limited Company has also certain disadvantages. Here are following disadvantages:

  • It incurred high compliance cost.
  • More compliances applicable than any other form of business
  • Stringent penalties if any non compliance is initiated.

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