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  • Companies Act 1956 and 2013

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    vinay kamat
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    This document classifies companies based on their incorporation, liability, and number of members. Companies are chartered, statutory, or registered based on how they are incorporated. They are limited by shares, guarantee, or unlimited based on member liability. Private companies have a limited number of members while public companies can be formed by the general public.

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    This document classifies companies based on their incorporation, liability, and number of members. Companies are chartered, statutory, or registered based on how they are incorporated. They are limited by shares, guarantee, or unlimited based on member liability. Private companies have a limited number of members while public companies can be formed by the general public.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views1 page

    Companies Act 1956 and 2013

    Uploaded by

    vinay kamat
    This document classifies companies based on their incorporation, liability, and number of members. Companies are chartered, statutory, or registered based on how they are incorporated. They are limited by shares, guarantee, or unlimited based on member liability. Private companies have a limited number of members while public companies can be formed by the general public.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Classification of companies

    Based on incorporation:

    1. Chartered companies: eg. Bank of England, East India company

    2. Statutory companies: eg. Reserve bank of India, Life insurance corporation of

    3. Registered companies: eg. J P Thomas construction limited

    Based on liability:

    1. Companies limited by shares:

    2. Companies limited by guarantee:

    3.Unlimited companies:

    Based on number of members:

    1. Private company: Infosys


    2. Public company: SBI

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