Yes. Rule 8(7) of the Companies (Incorporation) Rules, 2014 states that the name of a company falling under Area 8 of the Act must include the word "like" or a variation of it. Suppose a Section 8 Company involved in CSR projects was required to compulsory

A minimum of two people is required to register a section 8 company in India.

The Director needs to be over 18 years of age and must be a natural person. There are no limitations in terms of citizenship or residency. Therefore, even foreign nationals can be Directors in an Indian Section 8 Company.

An address in India where the registered office of the Company will be situated is required. The premises can be commercial/industrial/residential where communication from the MCA will be received.

No, you will not have to be present at our office or appear at any office for the registration of a Section 8 Company. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

It is true that a single organization can transform into a private/public entity and then regain its previous status is appropriate within Section 8.

Once a Company is incorporated, it will be active and in existence as long as the annual compliances are met with regularly. In case, annual compliances are not complied with, the Company will become a Dormant Company and may be struck off from the register after a period of time. A struck-off Company can be revived for a period of up to 20 years.

A Digital Signature establishes the identity of the sender or signee electronically while filing documents through the Internet. The Ministry of Corporate Affairs (MCA) mandates that the Directors sign some of the application documents using their Digital Signature. Hence, a Digital Signature is required for all Directors of a proposed Section 8 Company.

No, Section 8 companies are exempt from the obligation to appoint independent directors.

Depending on the circumstances, no state allows the issuance of share certificates.