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    <title>Licence under section 8 (1) of the Companies Act, 2013</title>
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    <description>Licence under section 8 permits registration without the word &quot;Limited&quot; for companies promoting specified objects, on conditions: governance by memorandum; application of all profits and property solely to stated objects; prohibition on dividend or profit distribution to members; limited member payments (out of pocket expenses, reasonable interest and rent); permitted remuneration to non member officers for services; member remuneration only for services not required of members; prior approval required for alterations to memorandum or articles; amalgamation only with another section 8 company with similar objects; licence revocable for contraventions, fraudulent or object violative conduct, or public interest prejudice.</description>
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      <description>Licence under section 8 permits registration without the word &quot;Limited&quot; for companies promoting specified objects, on conditions: governance by memorandum; application of all profits and property solely to stated objects; prohibition on dividend or profit distribution to members; limited member payments (out of pocket expenses, reasonable interest and rent); permitted remuneration to non member officers for services; member remuneration only for services not required of members; prior approval required for alterations to memorandum or articles; amalgamation only with another section 8 company with similar objects; licence revocable for contraventions, fraudulent or object violative conduct, or public interest prejudice.</description>
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