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)) |
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| 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) |
| Inde-pendent |
Subsidiary of Public Co. |
|
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| 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) |
|