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Company Formation

Classification of Companies

Companies under the New Companies Act, 2013 may be classified on various grounds as under:
I. On the basis of business activities undertaken:
Companies
(1) (2) (3) (4) (5)
Manufacturing Activities Service Activities Non-Banking Finance Activities Non-profit making (Section-8) Producer (Section 465 (1))
II. On the basis of liabilities of the members and directors:
Companies
With Limited liability With Unlimited liability
(1) (2)
(a) (b) (c)
Limited By shares Limited by Guarantee & having share capital Limited by Guarantee
III. On the basis of membership pattern/size
Companies
(1) (2) (3)
Public Private Government
(a) (b)
Unlisted Listed
(a) (b)
Inde-pendent Subsidiary of Public Co.
IV. On the basis of place of registration:
Companies
(1) (2)
Indian Company (Incorporated in India) Foreign Company (Company incorporated outside India but having place of business in India)
V. On the basis of control over the management:
Companies
(1) (2)
(Holding Company) (Subsidiary Company)


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