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A section-8 company is which spends all its money promoting what they believe in. the company could promote religion, education, sports, social welfare, charity, etc. The company also does not pay any kind of income to its members. These companies are limited companies under the Companies Act. The only difference is that they do notContinue reading “Section – 8 Company Registration Process in India”
A private limited company is held for small businesses. Liabilities of the members of the company depend upon the limit of the share they have. Also, the shares of a private limited company cannot be sold publicly. Under the Companies Act 2013, private limited companies need to have a minimum of 2 members to startContinue reading “How Private Limited Companies Form and their Roll”