https://www.taxtmi.com/acts?id=17305 Companies formed for promotion of public oriented objects and that apply profits to those objects and prohibit dividends may be licensed by the Central Government to omit the designation Limited or Private Limited; they enjoy the privileges and obligations of limited companies, are subject to restrictions on altering constitutional documents without governmental approval, require prescribed steps for conversion, and face licence revocation, compulsory name/status change, amalgamation or winding up and prescribed penalties for noncompliance. en-us Sat, 02 Mar 2013 10:44:39 +0530 Wed, 24 Dec 2025 12:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17305 Companies formed for promotion of public oriented objects and that apply profits to those objects and prohibit dividends may be licensed by the Central Government to omit the designation Limited or Private Limited; they enjoy the privileges and obligations of limited companies, are subject to restrictions on altering constitutional documents without governmental approval, require prescribed steps for conversion, and face licence revocation, compulsory name/status change, amalgamation or winding up and prescribed penalties for noncompliance. Act-Rules Companies Law Sat, 02 Mar 2013 10:44:39 +0530 https://www.taxtmi.com/acts?id=17305