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  1. The types of business structures in India include sole proprietorship, partnership, limited liability partnership, private limited company, public limited company among others. Find the complete list below: Sole Proprietorships. A Sole Proprietorship is an enterprise that. is wholly controlled by one person.

  2. THE COMPANIES ACT, 2013 _____ ARRANGEMENT OF SECTIONS Last update-29-7-2022 _____ CHAPTER I PRELIMINARY SECTIONS 1. Short title, extent, commencement and application. 2. Definitions. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO 3. Formation of company. 3A. Members severally liable in certain cases. 4. Memorandum. 5 ...

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  4. Jul 6, 2023 · Understanding these differences is crucial when deciding the most suitable structure for your business operations in India. A private company is governed by the Companies Act 2013, requires a minimum of two directors and members, mandates statutory audits, and has no restrictions on local borrowing. Unlike a private company, an LLP, as per the ...

  5. ii) On the basis of number of members: a) One person company b) Private companies c) Public companies. iii) On the basis of control: a) Holding companies b) Subsidiary companies c) Associate companies. iv) On the basis of liability: a) Limited (I) by Shares (II) by Guarantee (with or without share capital) b) Unlimited.

  6. Mar 6, 2024 · Section 8 Company, also known as a non-profit company, is a distinct form of business structure established under Section 8 of the Companies Act, 2013. This business structure is particularly suitable for organisations and individuals seeking to establish entities dedicated to charitable or social causes while enjoying the advantages of ...

  7. Apr 22, 2022 · Section 2(68) of Companies Act 2013 specifies “private company” refers to a entity that has a minimum paid-up share capital as prescribed by its AOA. It is the among the most popular business structures in India owing to the following reasons; Separate Legal Entity. Such companies are said to be an independent legal structure.

  8. The term ‘vanishing company’ is not defined under section 2 of the Companies Act, 2013. Rather, it is defined under the Explanation to rule 3 of the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. ‘Vanishing company’ means a company, registered under the Act or previous company law or any other law for