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    Merger of section 8 company

    Posted By : Ekta / Published on : 08-Feb-2019 05:10 AM / View : 508 / Comment : 1

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    Can a company registered under Section 8 merge with another
    company with dissimilar objects?
    Read more on : company section merger

    • Dear,

      No Section 8 Company may lose its essential character of a Non-Profit organisation.

      Further,

      Section 8(12) provides that a company registered under this section can amalgamate only with another company registered under this section having similar objects.

      08-02-2019 / 06:08:42 AM
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