1. TYPES OF COMPANIES
Group Members
Ghulam Abid
Saad Mazhar
Fareed Hameed

2. What is a company
 A company is an association or collection of individuals ,
legal persons or mixture of both.
 Company members has a common purpose.
 They are unite in order to achieve the company’s objects

3. TYPES OF
COMPANIES

4. STATUTORY COMPANY
 companies which are formed under special statutes are termed as
statutory companies.
 These are governed by the Acts or Ordinance through which these
are created
 Example of such type of companies are the state Bank of Pakistan,
small Business Finance Corporation, investment Corporation of
Pakistan, etc.

5. CHARTERED COMPANY
 Chartered companies are formed by means of a special
charter granted by the head of state, or King or Queen of
the Crown.
 The East India Company and the Chartered Bank of
England are examples of such type of companies.

6. GOVERNMENT COMPANY
 A government company is a company of which not less
than 51% (fifty-one percent) of the paid up capital is held
by the Government.
 A company which is a subsidiary of a Government company
automatically becomes a Government company.

7. SINGLE MEMBER COMPANY
 Single member company (SMC) has been introduced
through the companies Ordinance 2002.The Single Member
Company shall have all the rules and rights and privileges
as well as obligations and liabilities as other private
company has.

8. REGISTERED COMPANY
 Registered companies are those companies which are
registered in Pakistan under the companies Ordinance,
1984.
 Company limited by shares
 Company limited by Guarantee
 Unlisted company

9. Company limited by shares
 It means a company whose memorandum of association
limited the liabilities of its members to the amount
unpaid, if any , on the shares held by them in the capital
of the company.

10. Company limited by shares
 Private Limited Company
 Public Company

11. Private Limited Company
 A private limited company is the company which restricts
the right to the transfer the shares .
 Private Limited Company restricts the maximum number
of members to be fifty.
 Private Limited Company prohibits any kind of invitation
to general public to subscribe for its any shares

12. Public Company
 A company other than a company registered as private
limited company is called public limited company.
 A Public company is a company which does not impose any
restriction on the right of transfer of its shares.

13. Listed Company
 Public Listed company is the company which has its
shares listed on any stock exchange.
 In Pakistan at the moment companies are listed on three
stock exchanges of the country namely Karachi Stock
Exchange, Lahore Stock Exchange and Islamabad Stock
Exchange.

14. Unlisted Company
 Unlisted Public companies are those companies whose
shares are not listed on any stock exchange of the country
and these type of companies are not allowed to trade
their shares through stock exchange

15. Company limited by Guarantee
 In a company limited by guarantee ,there are no
shares - hence there are no shareholders. Instead,
the company will have 'members'

16. Unlimited company
 It is a company which is registered without limited the
liability of the members to the extent of the value of the
shares held by them.
 An unlimited company is one which does not limit the
liability of its members.