CS M. Kurthalanathan

There are totally 15 types of companies can be formed under the Companies Act, 2013.

Public Limited Companies

  1. Public Company limited by shares
  2. Public Company limited by Guarantee having share capital

  3. Public Company limited by Guarantee and having no share capital

  4. Public unlimited Company having share capital

  5. Public unlimited Company not having share capital

Private Limited Companies

  1. Private Company limited by shares
  • Private Company limited by Guarantee having share capital

  • Private Company limited by Guarantee and having no share capital

  • Private unlimited Company having share capital

  • Private unlimited Company not having share capital

  • One Person Company (OPC)          

    1. OPC Company limited by shares
  • OPC Company limited by Guarantee having share capital

  • OPC Company limited by Guarantee and having no share capital

  • OPC unlimited Company having share capital

  • OPC unlimited Company not having share capital.

  • Under Companies Act, 1956, only 10 types of companies can be formed.

    S.No Type of Companies Liability Guarantee Share Capital
    1 Company Limited by shares The liability of the members is limited and this liability 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.
    2 Company limited by Guarantee having share capital The liability of the members is limited. Every member of the company undertakes to contribute:(i) to the assets of the company in the event of its 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.
    3 Company limited by Guarantee and having no share capital The liability of the members is limited. Every member of the company undertakes to contribute:(i) to the assets of the company in the event of its 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

       

     

     

    Not Applicable

    4 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.
    5 Unlimited Company not having share capital The liability of the members is Unlimited Not Applicable Not Applicable

    More Under Company Law

    Posted Under

    Category : Company Law (4056)
    Type : Articles (17840)

    3 responses to “Types of Companies under Companies Act, 2013”

    1. manju says:

      May I Know the Section Number…as per Companies Act,2013?

    2. Sakshi Sharma says:

      Is in Company limited by guarantee and having share capital, whats the structure of share capital and guarantee.
      i mean some directors subscribes guarantee and some share capital?

    3. Aditya Sharma says:

      you said that there are total 15 types of company but you explained only 5 of them?

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