Tag - Section 8 companies

IDENTICAL NAME, COPIES TO MEMBERS, SHARES IN HOLDING CO.

Section 16, Rectification of name of company In case of identical name: If in the opinion of central government, the name of the company is identical with or too nearly resembles the name by which a company in existence had been previously registered, whether under this Act or any previous company law, it may direct the company to change its name and the company shall change its name or new name, as the case may be, within a period of three [...]

CHARITABLE/SECTION 8 COMPANIES

Section 8, Formation of companies with charitable objects, etc. As per this section, a license is required to be obtained from the Central Government if  a person or an association of persons proposed to be registered under this Act as a limited company: Has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment or any such other object;   Intends to apply its profits, if any, or other income in promoting [...]

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