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is section 8 company government company?

Balamurugan (Cost accountant) (26 Points)

24 April 2018

For government companies, suffix "pvt.ltd / ltd" not required, section 8 company also without the addition of word 'Ltd' or 'Pvt ltd' to it's name,

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Divakar (Student CA Final ) (11857 Points)
Replied 24 April 2018

Section 8 company is non profitable organisation like trust, society, NGO,.... They can form company under section 8 with objects clause charitable activities..... So it is not necessarily government companies.... Government companies means in which CG OR SG and BOTH stakeholders more than 51%....that is called government company....

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