Classification of companies in this business world

1. On the Basis of Mode of Incorporation.

(a) Chartered companies

(b) Statutory companies

(c) Registered companies

2. On the basis of Liability

(a) Companies limited by shares

(b) Companies limited by guarantee

(c) Companies with unlimited liability

3. On the Basis of Nationality

(a) Indian companies

(b) Foreign companies

(c) Multinational companies

4. On the Basis of Control

(a) Holding companies

(b) Subsidiary companies

5. On the Basis of Membership

(a) Private companies

(b) Public companies

(c) Government companies