Types of companies permitted in India

Company Types

In India

TYPES OF COMPANIES UNDER THE COMPANIES ACT 2013

1. Public Company

Public Company Limited by Shares

Public Company Limited by Guarantee having Share Capital

Public Company Limited by Guarantee having no Share Capital

Public Unlimited Company having Share Capital

Public Unlimited Company not having Share Capital

2. Private Company

Private Company Limited by Shares

Private Company Limited by Guarantee having Share Capital

Private Company Limited by Guarantee having no Share Capital

Private Unlimited Company having Share Capital

Private Unlimited Company not having Share Capital

2. One Persone Company ('OPC')

OPC Limited by Shares

OPC Limited by Guanrantee having Share Capital

OPC Limited by Guanrantee having no Share Capital

OPC Unlimited having Share Capital

OPC Unlimited not having Share Capital

TYPE OF COMPANY LIABILITY GUARANTEE SHARE CAPITAL
Company Limited by Shares The liability of the members is limited to the amount unpaid, if any, on the shares held by them. Not Applicable The share capital of the company is divided into number of shares.
Company Limited by Guarantee having Share Capital The liability of the members is unlimited. Every member of the company undertakes to contribute:
(i) to the assets of the company in the event of it being
wound up while he is a member, or within one year after
he ceases to be a member, for payment of the debts and liabilities of the company or of such debts and liabilities
as may have been contracted before he ceases to be a member; and (ii) to the costs, charges and expenses of winding up
The share capital of the company is divided into number of shares.
Company Limited by Guarantee having no Share Capital The liability of the members is unlimited. Not Applicable
Unlimited Company having Share Capital The liability of the members is unlimited. Not Applicable The share capital of the company is divided into number of shares.
Unlimited Company not having Share Capital The liability of the members is unlimited. Not Applicable Not Applicable

Disclaimer:

All the contents of article are only for general information or use. They do not constitute advice and should not be relied upon in making (or refraining from making) any decision. Kamdar Desai & Patel hereby excludes any warranty, express or implied, as to the quality, accuracy, timeliness, completeness, performance, fitness for a particular purpose of the Site or any of its contents, including (but not limited) to any financial tools contained within the article. Kamdar Desai & Patel will not be liable for any damages (including, without limitation, damages for loss of business projects, or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this article, or any of its contents, or from any action taken (or refrained from being taken) as a result of using this article or any such contents. Kamdar Desai & Patel makes no warranty that the contents of the article are free from infection by viruses or anything else which has contaminating or destructive properties.

Our Monthly Mailers of