Conversion of a business unit of a charitable trust into any company

How can a profitable business unit of a charitable trust convert into a company, where net profit will be used in charitable purpose.

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Quick Summary
This discussion explores the process for a profitable business unit within a charitable trust to convert into a company. The key is to establish the company with objectives aligned with charitable purposes, as per Section 8 of the Companies Act 2013. If all stakeholders agree, forming an One Person Company (OPC) is a viable option.

You Can apply for , Companies object for Charitable purpose , As per section 8 of the Companies Act 2013.

if all others agree an opc can be formed.

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