Non profit company
deepti sharma
(Querist) 18 March 2014
This query is : Resolved
if a laison office for a foreign company is registered in india under RBI , what is the procedure for registering it under sec.25/8 of the company act?
Devajyoti Barman
(Expert) 18 March 2014
commercial query. Engage a legal professional.
Kuummaar AS
(Expert) 19 March 2014
Your query is not fully understood. Moreover, you have mentioned Sec.25/8 of Companies Act. Section 25(8) is quoted below, which is not relevant to your query.
Make your query clear.
Section 25 in The Companies Act, 1956
25. Power to dispense with" Limited" in name of charitable or other company.
(1) to (7)...
(8) (a) A body in respect of which a licence under this section is in force shall not alter the provisions of its memorandum with respect to its objects except with the previous approval of the Central Government signified in writing.
(b) The Central Government may revoke the licence of such a body if it contravenes the provisions of clause (a).
(c) In according the approval referred to in clause (a), the Central Government may vary the licence by making it subject to such conditions and regulations as that Government thinks fit, in lieu of, or in addition to, the conditions and regulations, if any, to which the licence was formerly subject.
(d) Where the alteration proposed in the provisions of the memorandum of a body under this sub- section is with respect to the objects of the body so far as may be required to enable it to do any of the things specified in clauses (a) to (g) of sub- section (1) of section 17, the provisions of this sub- section shall be in addition to, and not in derogation of, the provisions of that section.]
(9) to (10)...
Rajendra K Goyal
(Expert) 19 March 2014
Consult a local professional dealing in the field.
T. Kalaiselvan, Advocate
(Expert) 20 March 2014
So your query and the related provision of law quoted by you are irrelevant to each other. If you are for the company side, your empaneled lawyer would be able to guide you in this aspect or contact a local lawyer dealing with the company law.
