Types of company
Transcript of Types of company
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
Types of Company
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
MeraSkill.com Online preparation for CA CPT,CS & CMA Foundation exam
Statutory companySpecial Act
Comptroller and Auditor General of India
Ex- Food Corporation of India, National Highway Authority of India
Government company51%
Subsidiary of Government company
Auditors are appointed by the CAG
Ex- Air India, NTPC
Types of companies
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Foreign companyPlace of business
Registered companyCompanies Act 1956
Companies Act 2013
Types of companies
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Subsidiary companyControls the Board of Directors
50%
Subsidiary of a subsidiary
Subsidiary of foreign company
Holding companyOther company is subsidiary company
Ex- Tata Steel, TCS, Tata Motors are subsidiary of Tata Sons Ltd
Types of companies
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Limited Liability CompanyLiability limited to the unpaid amount on shares
Unlimited Liability CompanyLiability not limited - (at time of liquidation)
Incorporated but unlimited liability
Types of companies
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Private companyOne lakh
Restriction on number of members
Restriction on transfer of shares
Flipkart Online Services Private Ltd
Types of companies
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Public companyNot a Private Company
Five lakhs
Subsidiary of Public Company
No restriction on transfer of shares
Listed company
Types of companies
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