Business is referred to as Section 8 if it is registered as a Non-Profit Organization (NPO), i.e. if it has the aim of promoting the arts, trade, education, charity, environmental protection, sport, science, study, social welfare, religion and plans to make use of its income (if any) or other revenue. Both conditions and compliance with the registration requirements of Section 8 of the Company should be met by two or more individuals serving as shareholders or directors of the Company. At least one of the directors is to be Indian national. A business can, however, be a member of the company registered under this chapter. Call us for further information.
# Section 8 registration consultant in Delhi