Formation of Company- Companies Act

Formation of Company-

•Defined in section 3 of Companies Act, 2013
•A company may be formed for any lawful purpose by-

a)-Public Company- Seven or more persons.
b)-Private Company- Two or more persons.
c)-One Person Company- One Person.

A Company formed may be either-

1)-A company Limited by shares or
2)-A company limited by guarantee or
3)-An Unlimited Company.