Transcription of BACKGROUNDER - ICSI
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BACKGROUNDER - ICSI
BACKGROUNDERFAQsonSection 8 Companies(The Companies Act, 2013 Series)AUGUST 2016 PRICE : Rs. 200/- THE INSTITUTE OF COMPANY SECRETARIES OF INDIAAll rights reserved. No part of this publication may be translated orcopied in any form or by any means without the prior written permissionof The Institute of Company Secretaries of due care and diligence have been taken in the publicationof this book, the Institute shall not be responsible for any loss ordamage, resulting from any action taken on the basis of thecontents of this book.
Section 8 continues to provide for restriction on application of profits and permits the same only for the purpose for which the company is promoted, prohibits declaration of dividend, continues to permit partnership firms to be a member of section 8 companies etc. 2013 1 Introduction.
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