https://www.taxtmi.com/acts?id=14803 Licence under section 25 permits registration as a company without "Limited" where the entity applies all income to its stated charitable objects and prohibits distribution of profits or dividends to members. Members are generally barred from receiving remuneration except limited reimbursements and authorised payments; non member officers may receive reasonable remuneration for services actually rendered. Any alteration to constitutional documents requires prior Central Government approval, and contravention of licence conditions or the memorandum's provisions may lead to revocation of the licence and registration. en-us Fri, 10 Jun 2011 11:24:26 +0530 Fri, 10 Jun 2011 11:24:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14803 Licence under section 25 permits registration as a company without "Limited" where the entity applies all income to its stated charitable objects and prohibits distribution of profits or dividends to members. Members are generally barred from receiving remuneration except limited reimbursements and authorised payments; non member officers may receive reasonable remuneration for services actually rendered. Any alteration to constitutional documents requires prior Central Government approval, and contravention of licence conditions or the memorandum's provisions may lead to revocation of the licence and registration. Act-Rules Companies Law Fri, 10 Jun 2011 11:24:26 +0530 https://www.taxtmi.com/acts?id=14803