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school regsitered under companies act, 1956

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(Querist)
07 August 2007 can an educational institution like school can be registered under the companies act, 1956;

what are all the formalities?

pls explain.....
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CA Mani

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CA Mani (Expert)
08 August 2007 As per my opinion,

It can be registered under Companies Act, 1956.

1. As an association not for Profit U/s.25
2. As a private company/ Public company

Let's invite others views also on this topic.
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Shashi Mohan Jha

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Shashi Mohan Jha (Expert)
09 August 2007 An educational institution may not be a "Non-Profitable institution" ...specially now a days...

So if the idea is profit ..go for a pvt ltd company..

If the idea is a Non-Profit making entity...it may be registered as Society under Societies Registration Act 1860 or a company u/s25 of companies act, 1956
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