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KINDS OF COMPANIES
Unit2
Unit Objectives
 Understand the kinds of companies
 Understand the exemptions and privileges enjoyed by private
companies
 Be familiar with the distinction between a private and public
company
 Understand how a private company may be converted into public
company and vice versa
Important Links
 http://www.mca.gov.in/Ministry/
chapter3.html
 http://www.csstudentsonlineclu
b.org/t873-company-law-notes-
kinds-of-companies
 http://www.morldtechgossips.c
om/2012/09/company-law.html
 http://www.slideshare.net/altaci
tglobal/section-25-companies#
 http://www.slideshare.net/zahid
brg/holding-and-subsidiary-
company
 http://books.google.co.in/books
?id=QGbgkOKoeQ0C&printsec
=frontcover&source=gbs_ge_s
ummary_r&cad=0#v=onepage
&q&f=false
 Page 435 (Tejpal Seth)
Websites Books
 Mode of Incorporation
 Chartered companies
 Statutory Companies
 Registered or incorporated
companies
 Liabilities
 Companies limited by Shares
 Companies Limited by
Guarantee
 Unlimited Companies
 Number of Members
 Private Company
 Public company
 Control
 Holding companies
 Subsidiary Company
 Ownership
 Government Companies
 Non-Government Companies
 Nationality
 Indian Companies
 Foreign Companies
 Other
 Licensed companies or
Companies for profit
 One man company or family
company
Types of Companies
Registered
Companies
Mode of
Incorporation
Chartered
companies
Statutory
Companies
Registered or
incorporated
companies
Liabilities
Companies limited
by Shares
Companies Limited
by Guarantee
Unlimited
Companies
Number of
Members
Private Company
Public company
Control
Holding companies
Subsidiary Company
Ownership
Government
Companies
Non-Government
Companies
Nationality
Indian Companies
Foreign Companies
Other
Licensed companies
or Companies for
profit
One man company
or family company
Companies
Chartered
Companies
Statutory
Companies
Registered
Companies
 LE of IB LinksUnit2_Kinds of Companies.docx
Kinds of Companies according to the mode of
incorporation
 Statutory company
 Incorporated or registered company
Kinds of Companies on the basis of number of
members
 Private company
 Public company
Kinds of Companies on the basis of liability of
members
 Companies limited by shares
 Companies limited by guarantee
 Unlimited companies
Other kinds of Companies
 Licensed companies or Companies for profit
 PTU Booklet-Page 23
 One man company or family company
 PTU Booklet-Page 23
 Foreign company
 PTU Booklet-Page 23
 Government company
 LE of IB LinksUnit22.5Foregn & Government Company.docx
 Holding company & Subsidiary company
 PTU Booklet-Page 25
Exemptions & privileges of Private Companies
Distinction between Private & Public
Company
Conversion of Companies

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Unit2 kinds of companies

  • 2. Unit Objectives  Understand the kinds of companies  Understand the exemptions and privileges enjoyed by private companies  Be familiar with the distinction between a private and public company  Understand how a private company may be converted into public company and vice versa
  • 3. Important Links  http://www.mca.gov.in/Ministry/ chapter3.html  http://www.csstudentsonlineclu b.org/t873-company-law-notes- kinds-of-companies  http://www.morldtechgossips.c om/2012/09/company-law.html  http://www.slideshare.net/altaci tglobal/section-25-companies#  http://www.slideshare.net/zahid brg/holding-and-subsidiary- company  http://books.google.co.in/books ?id=QGbgkOKoeQ0C&printsec =frontcover&source=gbs_ge_s ummary_r&cad=0#v=onepage &q&f=false  Page 435 (Tejpal Seth) Websites Books
  • 4.  Mode of Incorporation  Chartered companies  Statutory Companies  Registered or incorporated companies  Liabilities  Companies limited by Shares  Companies Limited by Guarantee  Unlimited Companies  Number of Members  Private Company  Public company  Control  Holding companies  Subsidiary Company  Ownership  Government Companies  Non-Government Companies  Nationality  Indian Companies  Foreign Companies  Other  Licensed companies or Companies for profit  One man company or family company
  • 5. Types of Companies Registered Companies Mode of Incorporation Chartered companies Statutory Companies Registered or incorporated companies Liabilities Companies limited by Shares Companies Limited by Guarantee Unlimited Companies Number of Members Private Company Public company Control Holding companies Subsidiary Company Ownership Government Companies Non-Government Companies Nationality Indian Companies Foreign Companies Other Licensed companies or Companies for profit One man company or family company Companies Chartered Companies Statutory Companies Registered Companies
  • 6.  LE of IB LinksUnit2_Kinds of Companies.docx
  • 7. Kinds of Companies according to the mode of incorporation  Statutory company  Incorporated or registered company
  • 8. Kinds of Companies on the basis of number of members  Private company  Public company
  • 9. Kinds of Companies on the basis of liability of members  Companies limited by shares  Companies limited by guarantee  Unlimited companies
  • 10. Other kinds of Companies  Licensed companies or Companies for profit  PTU Booklet-Page 23  One man company or family company  PTU Booklet-Page 23  Foreign company  PTU Booklet-Page 23  Government company  LE of IB LinksUnit22.5Foregn & Government Company.docx  Holding company & Subsidiary company  PTU Booklet-Page 25
  • 11.
  • 12. Exemptions & privileges of Private Companies
  • 13. Distinction between Private & Public Company