Association registration requirement: associations exceeding permitted membership must be companies or be formed under other law. Associations or partnerships formed for the acquisition of gain that exceed the permitted membership must be registered as a company under the Act or be formed under another law; otherwise such an association or partnership shall not be formed.
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Provisions expressly mentioned in the judgment/order text.
Association registration requirement: associations exceeding permitted membership must be companies or be formed under other law.
Associations or partnerships formed for the acquisition of gain that exceed the permitted membership must be registered as a company under the Act or be formed under another law; otherwise such an association or partnership shall not be formed.
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