A Public Limited Company, legally known as PLC, is a publicly held company. It is a limited company whose shares can be traded with the public. PLC can be listed or not listed in the stock exchanges.A public limited company is dissolved by resolution of the shareholders or by judicial decision. In general, the dissolution of a public limited company consists of three key stages.
- Adopting a dissolution resolution and submission of the dissolution resolution;
- Deletion of the public limited company from the Commercial Register.