Which of the following statement s is are correct in reference to Section 8 Company ........

Companies Act-Phase (I & II) Introduction to Company Act

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Which of the following statement (s) is/are correct in reference to Section 8 Company:

Section 8 Company can be registered for promoting Art, Science, Commerce, Technology, Sports, Education etc.

No requirement for Section 8 companies to use Limited or Pvt. Limited in its name.

No stamp duty for Section 8 companies payable at the time of registration of company.

LLP/Firm can be member of Section 8 company.

All of the above.

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Explanation:

Section 8 Companies are companies registered for promoting Art, Science, Commerce, Technology, Sports, Education etc. and their objective is not to earn profits. No requirement for Section 8 companies to use Limited or Pvt. Limited in its name. No stamp duty for Section 8 companies payable at the time of registration of company. LLP/Firm can be member of Section 8 company.