section 8 company registration

The Section 8 company is a special type of company that is formed for charitable purposes like welfare for children and women, education, charity, religious, scientific or any other object of benefit to the community. The most attractive feature of Section 8 company is that it is not formed for profit making for its members. Rather, it implies that any net income or money derived in the course of operation is reinvested to the corporation to pursue a charitable or social mission . https://www.lawgicalindia.com/