25 December 2015
Following are my queries related to sec.8(NPO)co.
Can a sec 8 co.;
1)be taken over by a co. other than a sec.8 company?
2)takeover a company other than a sec. 8 co.?
3)be a listed co.?
4)issue bonus shares?
25 December 2015
1 No, it can be taken over only by a sec. 8 co. 2 It can't take over other than sec 8 co. 3 It can't be listed Co. 4 It can't issue bonus shares.