section 25 company

[PARVEEN ARORA]

Good Afternoon Sir/Madam,

This is to request you that, kindly send me the MOA , AOA and procedure for incorporating section 25 company.

Thanks & Regards

[DR.MARIAPPAN GOVINDARAJAN]

The concept of Section 25 company under Companies Act, 1956 has been changed. The new Companies Act, 2013 provides for Section 8 companies. The procedure for the same is prescribed in that Section and in the Rules made there under.

AI Summary

Not-for-profit company incorporation rules: governed by the Companies Act and the Rules prescribing MOA and AOA procedures. The prior Section 25 regime has been superseded by a new statutory category for not for profit companies; incorporation formalities, including the memorandum and articles of association and eligibility criteria, are prescribed by that statutory provision and the Rules made thereunder.