JAIIB LRAB Unit 56 - Types Of Companies

CLASSIFICATIONS OF COMPANIES THE BASIS MODE OF INCORPORATION

1. Statutory Company
2. Registered under the Companies Act, 1956

CLASSIFICATIONS OF COMPANIES ON THE BASIS OF LIABILITY

1. Company limited by shares
2. Company with unlimited liability
3. Company limited by guarantee

CLASSIFICATIONS OF COMPANIES ON THE BASIS OF PUBLIC INTEREST

1. Private company
2. Public company
3. Government company
4. Foreign company