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kinds of compay under Companies Ordinance, XLVII of 1984 by waqas balouch
Presentation 
By 
Waqas Balouch
Topic 
Kinds of Company
Kinds of Company 
Company is divided into three main kinds
Kind of Company 
Chartered company 
Chartered company are those company which are establish 
by the special grant of king or queen 
Example 
• East India Company 
• Bank of England
Kind of Company 
Statutory Company 
Statutory company are those company which are establish 
by special act of Parliament 
Example 
• PIA 
• WAPDA 
• State Bank of Pakistan
Kind of Company 
Registered Company 
Registered Company are those company which are establish and 
registered under Company ordinance, 1984
Registered Company 
Registered Company are divided into three kinds 
Company for 
profit 
Company not for 
profit 
Government 
owned Company
Company for profit 
Company for profit are those companies which issue 
stock to its members
Company not for profit 
Company for profit are those companies which 
do not issue stock to its members 
Company not for profit is sub divided into one kind 
Company limited by 
guarantee
Government owned Company 
Government owned Company are those company in which maximum 
Shares are own by government. 
51%
Company for profit 
Company for profit are sub divided into three kinds 
Private Company 
Public Company 
Single member 
Company
Private Company 
According to section 2(28) of the Companies ordinance, 1984 
"private company" means a company which, by its articles,— 
(i) restricts the right to transfer its shares, if any; 
(ii) limits the number of its members to fifty not including persons 
who are in the employment of the company; and 
(iii) prohibits any invitation to the public to subscribe for the shares, 
if any, or debentures of the company: 
Provided that, where two or more persons hold one or 
more shares in a company jointly, they shall, for the purposes of 
this definition, be treated as a single member;
Public Company 
According to section 2(30) of the Companies ordinance, 1984 
"public company" means a company which is not 
a private company;
Single member Company 
In Single member Company one person is all in all
Difference between private company 
and public company 
 Maximum number of members 
 Minimum numbers of members 
 Transfer of shares 
 Sale of shares 
 Statutory of meetings 
 Maintenance of books of accounts 
 Numbers of directors 
 Title 
 Allotments of shares 
 Issuance of prospectus 
 Liability 
 Obligation towards directors
Thank you

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kinds of compay under Companies Ordinance, XLVII of 1984 by waqas balouch

  • 3. Topic Kinds of Company
  • 4. Kinds of Company Company is divided into three main kinds
  • 5. Kind of Company Chartered company Chartered company are those company which are establish by the special grant of king or queen Example • East India Company • Bank of England
  • 6. Kind of Company Statutory Company Statutory company are those company which are establish by special act of Parliament Example • PIA • WAPDA • State Bank of Pakistan
  • 7. Kind of Company Registered Company Registered Company are those company which are establish and registered under Company ordinance, 1984
  • 8. Registered Company Registered Company are divided into three kinds Company for profit Company not for profit Government owned Company
  • 9. Company for profit Company for profit are those companies which issue stock to its members
  • 10. Company not for profit Company for profit are those companies which do not issue stock to its members Company not for profit is sub divided into one kind Company limited by guarantee
  • 11. Government owned Company Government owned Company are those company in which maximum Shares are own by government. 51%
  • 12. Company for profit Company for profit are sub divided into three kinds Private Company Public Company Single member Company
  • 13. Private Company According to section 2(28) of the Companies ordinance, 1984 "private company" means a company which, by its articles,— (i) restricts the right to transfer its shares, if any; (ii) limits the number of its members to fifty not including persons who are in the employment of the company; and (iii) prohibits any invitation to the public to subscribe for the shares, if any, or debentures of the company: Provided that, where two or more persons hold one or more shares in a company jointly, they shall, for the purposes of this definition, be treated as a single member;
  • 14. Public Company According to section 2(30) of the Companies ordinance, 1984 "public company" means a company which is not a private company;
  • 15. Single member Company In Single member Company one person is all in all
  • 16. Difference between private company and public company  Maximum number of members  Minimum numbers of members  Transfer of shares  Sale of shares  Statutory of meetings  Maintenance of books of accounts  Numbers of directors  Title  Allotments of shares  Issuance of prospectus  Liability  Obligation towards directors