This document classifies companies based on their incorporation, liability of members, number of members, ownership, and control. There are two types of companies based on incorporation - statutory companies incorporated under special acts, and registered companies formed under the Indian Companies Act. Companies are also classified as limited by shares, limited by guarantee, or unlimited based on the liability of their members. Depending on the number of members, companies are either private with fewer than 200 members, or public. Government companies have over 51% ownership by the government, while non-government companies may be registered outside of India. Finally, companies can be holding companies that control subsidiaries.

1. Types
• Companies are classified on the basis of
• Incorporation
• Liability of members
• Number of members
• Ownership
• control

2. On the basis of incorporation
Statutory company
These companies are those in corporate under
special act passed by the parliament or the
state legislature.
Registered companies
Those companies are those formed and
registered under the Indian companies act.

3. On the basis of liability
• Company limited by shares
• A limited company is one in which the liability of the members is limited.
The liability of the members is limited to the amount if any unpaid on
shares, held by them.
• Companies limited by Guarantee
• Those companies are registered companies in which the liability of the
shareholders to contribute to the asset of the companies in the event of
the company being wound up is limited by its memorandum of
association.
Unlimited companies
• A company not having any limit on the liability of its members is termed as
the unlimited companies.

4. On the basis of members
• Private companies
A private company means a company which has
minimum paid up capital of one lack rupees.
Public companies
A public company is not a private company and
which has minimum paid up capital of five lack
rupees or as prescribed.

5. On the basis of ownership
• Government companies
• The company which is owned by government.
Paid up capital of the Govt in these companies
is minimum 51%.
• Non government (foreign company)
• The companies registered outside the India
and run business within India.

6. On the basis of control
• Holding company
Holding company is the company which holds
and control the other company.
Subsidiary company
It is the company which is holded by other is
known as subsidiary of other.