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of <h1>Section 8 Companies Must Meet Conditions for Conversion: Notices, NOC, Financial Compliance, and Amendments Required</h1> Companies registered under Section 8 seeking conversion must comply with specific conditions. They must publish a notice in both vernacular and English newspapers and on their website, notifying authorities like the Income Tax Department and Charity Commissioner. A declaration must be made that no income or property is transferred to members. If special privileges were obtained, a 'No Objection Certificate' is required. Financial statements must be up-to-date, and a professional certification of compliance is needed. The Regional Director may impose conditions, including relinquishing special status and settling financial obligations. Post-approval, amendments to company documents must be filed for a new Certificate of Incorporation.
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