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of <h1>Section 565: Eligibility Criteria for Company Registration Under Companies Act, 1956</h1> Section 565 of the Companies Act, 1956, outlines the eligibility criteria for companies to register under the Act. Companies with seven or more members, existing since May 1, 1882, or formed under various Indian or UK laws, may register as unlimited companies, or companies limited by shares or guarantee. Exceptions include companies already registered under specific previous Acts, those with member liability limited by other laws, and non-joint stock companies. Registration requires majority member approval at a general meeting, with specific provisions for companies registering as limited by guarantee. The section excludes companies with registered offices in Burma, Aden, or Pakistan at the Act's commencement.
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