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Section8 company

Kalpesh Soni (12 Points)

20 March 2020

school can be an example of section 8 company??

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(Guest)

Yes, Providing education is one of the activity mentioned for Sec 8 co.
but many a times schools are also run by the Society/Trust which are registered under different Act for ex. Society Registration Act 1860 or Indian Trust Act.

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Taxolawgy (Legal and Financial services) (491 Points)
Replied 20 March 2020

Yes, but under certain circumstances only and you need to be legally registered under the Indian Companies Act. For the incorporation of the section 8 company and to gain full information about it, you can know the full incorporation process of section 8 company from the blog.