Section 25 company

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 January 2011 Is it necessary for a section 25 company to obtain registration under The Bombay Public Trusts Act?

Thanks

ADITI BIDASARIA

ADITI BIDASARIA (Expert)
Follow

27 January 2011 A Non Governmental Organization is perceived to be an association of persons or a body of individuals. An association of persons with non-profit motive may be registered under any of the following Indian Acts:

1. As a Charitable Trust
2. As a Society registered under the Societies Registration Act
3. As a Company licensed under section 25 of the Companies Act

If it is in the form of Trust, then it should be registered with the Relevant State Trust Act or Bombay Public Trust Act,and if it is registered as Sec 25 Company then there is no need to register with the Bombay Public Trust Act.