Annual Compliance For Section 8 Company

Is Is Mandatory For Any NPO To File Annual Complinace In Order To Avoid Penalty And Further Proceedings

Annual compliance for section 8 Company

In the context of section 8 of the companies act 2013 it is written that the non-profit organisation is registered under the act. It is mandated to use the profits only for promoting their objects and not to distribute among members as dividend.for every section company is required to fulfil certain monthly, quarterly and yearly compliances.
In order to make good image in front the eyes of law.
When it is been discussed about the section 8 of the act it seems that you are looking forward to assist many in a non profit way. Still the work is to be done in order to ensure security of life of people associated with your organisation. So you need to follow with compliances strictly.
In order to save your organisation then you need to be going fair with maintenance of laws of section 8 of the companies act.

FAQ

Common List Of Questioner That Our Customer Ask From Us -Solved !
What Are Document Required For Compliance Of Section 8 Company?
-Id proofs of the directors.
-Pan cards of them.
-MOA (memorandum of association)
-AOA (articles of association)
-Estimate of future income and expenses for next 3 years.
What Is The Benefit Of Annual Filing ?
- Assist to prevent the financial penalties.
-Builds customer trusts.
-Visible operations may be recorded.
-Credibility increases

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