Forums
Back
Sec 8 co
Corporate & Other Laws
Wen sec 8 company violates.. The central gov may revoke tge license and 1.amalgamate wid other sec 8 co. 2. Wind off 3. Can change the sec 8 co. To pvt ot public co..? My doubt is 3rd one crct.
Answers (10)
Thread Starter
Shru KandaIt is done by central government right?
Yes obviously, But If you want change voluntarily you can
Ashlesha Atal Faculty
The 3rd thing which can be done is converting the section 8 company into public or private company and changing its name.
Oly govt can do dis or can sec 8 company oly change if it wants to
Thread Starter
Shru KandaIt is done by central government right?
This is in case when the license is revoked.
Ashlesha Atal Faculty
This is in case when the license is revoked.
What if sec 8 wants to convert? Is it possible
Thread Starter
Shru KandaWhat if sec 8 wants to convert? Is it possible
Yes voluntary conversion is possible. But in case of violation and revocation of license it is the givt who does that.
Your Reply