Section8 company

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12 Points Posted on 20 March 2020
school can be an example of section 8 company??
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On 20 March 2020 at 00:29 Report
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Section 8 companies are a type of company registered under the Indian Companies Act, focused on promoting arts, science, sports, education, charity, and more. While providing education is a listed activity for Section 8 companies, schools are often registered as Societies or Trusts under separate acts. For a school to be a Section 8 company, it must be legally registered under the Companies Act.

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Yes, Providing education is one of the activity mentioned for Sec 8 co.
but many a times schools are also run by the Society/Trust which are registered under different Act for ex. Society Registration Act 1860 or Indian Trust Act.
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On 20 March 2020 at 07:27
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Legal and Financial services
491 Points Posted on 20 March 2020

Yes, but under certain circumstances only and you need to be legally registered under the Indian Companies Act. For the incorporation of the section 8 company and to gain full information about it, you can know the full incorporation process of section 8 company from the blog.

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On 20 March 2020 at 16:48

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