by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Legal Permissibility Yes, Section 8 companies can legally establish and operate schools, colleges, training institutes, and other educational institutions. The Companies Act, 2013, explicitly allows educational services as a valid charitable objective. 2....
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Legal Provisions for Registered Office The Companies Act, 2013 permits Section 8 companies to use a residential address as their registered office. No restriction exists on whether the office must be commercial or residential. 2. Documentation Requirements Proof of...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Eligibility & Prerequisites Must have charitable objectives (education, science, sports, etc.) Minimum 2 directors (no maximum limit) No minimum capital requirement 2. Name Approval Process Apply for name reservation via RUN (Reserve Unique Name) on the MCA...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Legal Framework and Restrictions Section 8 companies are non-profit entities under the Companies Act, 2013. Stock exchange listing requires profit-making objectives, which conflict with Section 8 company norms. SEBI regulations prohibit non-profit organizations...
by Audit Analyst | Sep 26, 2025 | Section 8 Company Registration
1. Mandatory Requirement Under the Companies Act Yes, Section 8 companies are required to maintain minutes of all board meetings as mandated by the Companies Act, 2013. Minutes serve as the official record of the discussions, decisions, and resolutions passed during...
