Classification of Companies
21 Pages Posted: 20 Dec 2012 Last revised: 24 Feb 2014
Date Written: December 19, 2012
The growth of economy and increase in the complexity of various business operation have augmented the scope to classify the companies under various titles. This article is reflecting upon the existing and proposed companies under various legislation and tries to identify the various kinds of companies which are in existence and it has also included those companies which have been proposed under the companies Bill, 2011. It further discuss about the scope and regulatory framework of such companies. This article vividly describes all the possible mode of classifying companies. The main purpose of classification of companies is to maintain the homogeneity and apparently regulate those companies with similar legal framework.
Keywords: Business Operation, Classification, Identity, Legislation, Regulation
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