A Section 8 Company is registered under the Central Government’s Ministry of Corporate Affairs. The objective behind such kind of incorporation of the non-profit making company is to promote science, sports, art, education, research, social welfare, religion, charity and environment protection, etc., where the profit doesn’t play any role. It is, however, important to have […]

Section 8 of the company act states provisions related to the formation of a company with charitable objects and of that sort.

Whereas trust is governed by the public trust act. A trust is basically a legal entity in which a trustor (first party) through which the second party holds the rights to manage the interests of […]