Formation of a Non Profit Company under Section 25

CA Dhiraj Ramchandani | Last updated: 07 May 2010

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Formation of a Non Profit Company under Section 25 | DHIRAJ RAMCHANDANI | INTRODUCTION Section 25(1) (a) and (b) of the Indian Companies Act, 1956, provides for the for the formation of a company under this section for the promotion of commerce, art, science, religion, charity or any other useful object, [provided the profits, if any, or other income is applied for promoting only the objects of the company] and no dividend is paid to its members. Thus secti

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1999

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3499

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999

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About the Author

CA Dhiraj Ramchandani

CA, M. com

Hi, Im a CHARTERED ACCOUNTANT now from VADODARA (GUJARAT), cleared in November 2011 You can join me on and forany other query when its urgent, do contact me on ramchandani.dhiraj @ ymail.com or can also contact me on +919824426996 My contributions are : Preparing for CA FINAL - SELF STU ... Read more

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