A Section 8 company derives its legal status from the Companies Act and operates as a limited company without the inclusion of the term “limited” in its name. It aligns with the legal framework of Non-Profit Organizations (NPOs) or Non-Governmental Organizations (NGOs). In the Indian context, non-profit entities can undergo registration either as a society under the Registrar of Societies or as a non-profit company within the purview of Section 8 of the Companies Act of 2013.
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