Section 25: Charitable Associations Can Register Without 'Limited' in Name, Must Use Profits for Objectives, No Dividends.

Section 25 of the Companies Act, 1956, allows the Central Government to permit associations formed for charitable or other specified purposes to register as limited companies without including 'Limited' or 'Private Limited' in their names. These associations must apply profits towards their objectives and prohibit dividend distribution to members. The Central Government can impose conditions on such licenses, which can be revoked if terms are violated. Upon revocation, the association must include 'Limited' in its name. Alterations to the association's objectives require government approval, and failure to comply with name change requirements can result in fines.