Sec 8 companies
This query is : Resolved
suvash shrestha
(Querist)
21 August 2015
can sec 8 company invest in the share capital of profit making companies?
Ankur Garg
(Expert)
21 August 2015
No.
That would be against the purpose for which section 8 company was incorporated.
Thanks
That would be against the purpose for which section 8 company was incorporated.
Thanks
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