Section 8 Company under Companies Act 2013- Check list for incorporation

It is true that one of the purposes of creating a company to do commerce and make profit. But not all the companies have the objective of making profit by doing business they primarily have charitable and nonprofit objectives. Such companies are called Section 8 companies under Indian Companies Act 2013. The act has three…

Company law- disclosure of interest under Sec 184

A company under the companies Act is a legal and juristic person, separate from its members.  A company has independent corporate existence, limited liability, perpetual succession, common seal, capable of holding separate property in its own name, has transferable shares and capacity to sue and be sued. As the directors are the persons who manages…