1- what are the sources of revenue for npo's?
2 - can npo's issue shares ?? if yes then who will invest in that shares without earning any profit from that shares ??
3 - how npo's operates normally mean who manages it ?? who are the owners of it??
4 - can NPO'S conduct AGM ??
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SECTION 8 COMPANIES
Replies (3)
Quick Summary
1. donation and work too they can do any business
2.yes npos issue share the investee are donors
3. it's a simple company director and staff manages the same donors are the owner.
4. it's a full fledged company so every section is applied on it except exemption. so the can conduct agm
2.yes npos issue share the investee are donors
3. it's a simple company director and staff manages the same donors are the owner.
4. it's a full fledged company so every section is applied on it except exemption. so the can conduct agm
Thank you pritesh
If section 8 company wants to extends its object in india and outside India, Can it be allowed to carry business outside India?
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