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monarch (no longer applicable in India).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