Classification of companies

CLASSIFICATION OF COMPANIES   Companies under the Companies Act, 1956 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-25) Producer (Section 581 A)   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)