Company or industry, in reality, is an entity that especially engages the business. The company could be structured across many numbers of ways. A company could be a corporation, sole proprietorship or under the partnership. Based on the different company that you are dealing with, it could be owned by a single person or even a group of individuals. The company could be well structured under many circumstances. Liability is an important type of company that is especially assumed. Company or industry in India has a major growth with the improvements in modern technology and transportation facilities all over the country.