Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (b) Whether a firm can be member of the Section 8 Company ?
CS Executive · Setting up of Business Entities and Closure · PYQS · December 2021
Anish along with his six friends desires to incorporate a Section 8 Company under the Companies Act, 2013. He is seeking your advice in the following matters: (b) Whether a firm can be member of the Section 8 Company ?
Answer & Explanation:
Yes, under the Section 8(3) of the Companies Act, 2013 a firm can be member of the Section 8 Company.
Topics: Company Law
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