Types of companies

2. Subsidiary company:
A company is know as a subsidiary of another company when its control is exercised by a latter(called Holding company) over the subsidiary company .

V. On the basis of ownership
1.Government company:
A government company means any company in which not less than 51 per cent of the paid up share capital is held by

• The central government
• any state government or governments
• partly by central government and partly by one or more state governments

A subsidiary of a government company is also called a government company

2. One man company :
A member may hold virtually the entire share capital of a company. Such a company know as “one man company”. This can happen both in a private company and public company. The other member/members of the company may be holding just one share each. Such other members may be just dummies for the purpose of fulfilling the requirements of the low as regards minimum membership.
3. Deemed public company:
The companies act. 2000 has by introducing a subsection to section 43A, made that a private company will not automatically become a public company an account of shareholding or turnover
4.Non-Trading company/Non-Profit association:
Such a company must have the objects of promoting of commerce, arts, science, religion, charity or any other useful object and must apply its profit, if any, or other income in promoting its object and must prohibit payment of any dividend to its members.
5. Investment companies:
An investment company is a company principal business of which consists in acquiring, holding and dealing in shares and securities . It involves only the acquisition and holding of shares and securities and there by earning income by way of interest, dividend, etc.
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