+++ draft = false semester = ['S1'] subjectcode = ['BO DCM1109'] unit = 'Unit 3' notecategory = 'Self' title = 'Unit 3' toc = true url = '/uninotes/s1/bo-dcm1109/unit3/self/' uniturl = '/uninotes/s1/bo-dcm1109/unit3/' +++ ### ***April 15, 2026*** ## Types of co-operatives formed A) Consumer co-operatives. B) Producer co-operatives. C) Marketing co-operatives. D) Housing co-operatives. E) Credit co-operatives. F) Cooperative Farming Societies. ## Types of Companies ### A) On the Basis of Incorporation 1. Chartered Companies: Formed under a Royal Charter or special charter issued by the monarch (no longer applicable in India). 2. Statutory Companies: Created by a special Act of Parliament or State Legislature. Example: Reserve Bank of India (RBI), Life Insurance Corporation (LIC). 3. Registered Companies: Incorporated under the Companies Act, 2013. This includes almost all modern business entities in India. ### B) On the Basis of Liability 1. Company Limited by Shares [Section 2(22)]. 2. Company Limited by Guarantee [Section 2(21)]. 3. Unlimited Liability Company [Section 2(92)]. 4. Company Limited by Both Guarantee and Shares. ### C) On the Basis of Ownership 1. Private Company (Section 2(68)). 2. Public Company (Section 2(71)). 3. One Person Company (Section 2(62)). ### D) On the Basis of Control 1. Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control. 2. Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover (subsidiary of Tata Motors). ### E) On the Basis of Nationality 1. Indian Company: Incorporated under the Companies Act, 2013 and managed in India. 2. Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd. ### F) On the Basis of Purpose 1. For-Profit Companies. 2. Non-Profit Companies (Section 8): Established for charitable, educational, or social purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.