Company Affairs (CS) Question:
Tell me on what basis registered companies are categorized?
Answer:
Registered companies are categorized on the basis of liability and number of members. On the basis of liability companies can be categorized in the following three categories:
★ Unlimited companies.
★ Company limited by shares.
★ Company limited by guarantee.
★ Unlimited companies.
★ Company limited by shares.
★ Company limited by guarantee.
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