Sec 8 (1) (c) states the prohibition of payment of any dividend to its members. License is required to be obtained from ROC before incorporating the company under section 8 of Companies Act, 2013. Following documents are required to be filed with ROC for Obtaining License - E-Form INC ...
Section 8 is a non-profit organization registered under the Companies Act 2013. These organizations must use their profits only to promote their objects and not distribute them among members as dividends. Further, every section company must fulfill certain monthly, quarterly, and yearly compliances....
A Section 8 company registration under the Companies Act, 2013 or a Section 25 Company as per the Companies Act,1956 is an organisation registered with an objective of promoting the fine arts, science, literature, or knowledge sharing for a purposeful matter or for charity. Section 8 companies...
Section 80G: Under section 80G, the donors of a section 8 company can ask for rebate of upto 50% of the donations made. Section 11: Under Section 11 of Income tax Act, Section 8 Companies are permitted deductions of expenditure from income. No minimum capital required: even...
Section 186 of the companies Act,2013 and its comparison with the predecessor provision Section 372ARamaswami Kalidas
Under the Companies Act, 2013, certain amendments have been made in respect of the provisions relating to creation of security to secure the repayment of the borrowings. As per provisions of Section 180(1)(a) of the Companies Act, 2013 the Board of Directors of a Company is permitted to...
ashe was ready to resume her duties 她准备恢复她的责任[translate] aHowever, the Companies Act also specifies those persons who are not considered to be independent (section 309 of the Companies Act). 然而,公司法也指定没有认为公司法的 (独立第309部分的那些人)。[translate]...
aAccording to section 22(1) of the Companies Act, in general, executive officers have to be a natural person and may be elected for a definite period of time for a maximum of 5 years or, if the articles of association provide so, may also be elected for a definite period other than ...
Section 2 of Companies Act, 2013, does not define the following: Principal Business Activities means those business activities which are mentioned under the main objects of the company Advance means literally a payment beforehand. In certain cases, it may be a loan but it cannot be said that ...
Process Benefits Fund Raising Why Vakilsearch Fees FAQs What is CSR Form 1 registration? CSR Form 1 registration is a mandatory process for NGOs to receive Corporate Social Responsibility (CSR) funds from companies. NGOs must fill out this form to provide details about their organisation, activit...