An Unlisted Public Limited Company in India is a public company that is registered under the Companies Act but does not have its shares listed on any stock exchange. It requires a minimum of 3 directors and 7 shareholders. While the company can raise funds through private placements, it cannot offer shares for public trading on the stock market. The shareholders benefit from limited liability, and the company must comply with all regulatory requirements applicable to public limited companies, except for listing-related obligations.
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