lex-o-pedia
What is an overview of non-profit companies under the Companies Act, 2013?
Non-Profit Companies under Section 8 of the Companies Act, 2013, promote charitable objectives like education, social welfare, and environmental protection. They use profits solely for their aims, not dividends, and enjoy tax exemptions. Non-compliance can lead to penalties or dissolution.
lex-o-pedia
What is an overview of non-profit companies under the Companies Act, 2013?
Non-Profit Companies under Section 8 of the Companies Act, 2013, promote charitable objectives like education, social welfare, and environmental protection. They use profits solely for their aims, not dividends, and enjoy tax exemptions. Non-compliance can lead to penalties or dissolution.
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Aligarh Muslim University’s Minority Status: A Landmark Supreme Court Ruling
The Supreme Court’s recent ruling restored Aligarh Muslim University’s minority status, overturning a 1967 decision. This landmark judgment redefines Article 30 protections for minority institutions in India.