Easy Office
LCI Learning

Sec 8 companies

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 August 2015 can sec 8 company invest in the share capital of profit making companies?
Profile Image

Ankur Garg

Profile Image

Ankur Garg (Expert)
21 August 2015 No.

That would be against the purpose for which section 8 company was incorporated.

Thanks

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links