Types of companies on the basic of ownership, members and nationality

1. TYPES OF COMPANIES
Presented by:-
Jismy James

2. Types of
companies
Incorporation Liability Control Ownership Members Nationality
There are six types of companies

3. Types of companies
Incorporation
Chartered
Statutory
Registered
Liability
Limited by share
Limited by
guarantee
Unlimited
Control
Holding
Subsidiary
Ownership
Govt.
Non-Govt.
Members
Private
Public
Nationality
National
Foreign

4. Types of companies
Incorporation Liability Control Ownership
Govt.
Non-Govt.
Members
Private
Public
Nationality
National
Foreign

5. OWNERSHIP
Ownership
Government
Non-Government

6. GOVERNMENT COMPANIES
As per Sec. 617 of the Companies Act “A Govt.
com. means any com. in which not less than
51% of the paid up share capital is held by:-
the central govt.
Any state govt.
Govt.
Partly by central govt. and partly by one or more S.G

7. GOVT. COM. [Cont.….]
Not a dep. Of S.G.
Not an agent of Govt.
G.Es are not holder of civil posts under the state
The Auditing is determined by Comptroller and Auditor-General
(right to comment or to write supplementary
report)

8. NON-GOVERNMENT COMPANIES
Non-Govt. companies are controlled and operated by
private capital.

9. MEMBERS
Members
Private
Public

10. MEMBERS OF THE PRIVATE
COMPANY
In the private Company:-
Number of the members will be 2 to 50
1. Independent private companies
2. Private companies

11. In the public companies:-
The companies which are not private companies are called public
companies.

12. NATIONALITY
Nationality
National
Foreign

13. IN THE BASIS OF NATIONALITY
Foreign companies:-
As per Sec. 591 of the companies Act, 1956, a company
incorporated outside India but having place or business in India
Even before or after the commencement of the Act, is known as
foreign company.

14. National or domestic company:-
The operations of such a com. are only within the geographical
limits of the country in witch it is registered or incorporated.