Company
Legal definition for Indian law research
Definition
company
pl: -nies
: an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership
finance company
: a company that makes usually small short-term loans to individuals
growth company
: a company that grows at a greater rate than the economy as a whole and that usually directs a relatively high proportion of income back into the business
holding company
: a company whose sole function is to own and control other companies
investment company
: a company that earns income solely or primarily by holding and investing in securities issued by other companies or by government agencies
joint-stock company
: a business organization whose capital is represented by shares owned by stockholders each of whom is personally liable for the company's debts
limited liability company
: an unincorporated company formed under applicable state statute whose members cannot be held liable for the acts, debts, or obligations of the company and that may elect to be taxed as a partnership
mu·tu·al company
: an insurance company whose capital is owned by its policyholders
surety company
: a company that provides surety bonds for a fee
trust company
: a company and often a commercial bank acting as trustee for individuals and businesses and providing related financial or estate planning services
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.