A Section 8 Company is a selected shape of Company which:
Is integrated for the promoting of commerce, art, science, education, research, sports, charity, social welfare, religion, safety of surroundings or such a different object. It intends to use all it’s profits, profits, or different earnings, in selling those objects. Pays no dividend or profits to its members. These are restricted agencies, that are registered beneathneath the Companies Act, and might be handled as restricted agencies with out the phrase “restricted” being introduced to their name. They might also additionally were registered both as “non-public restricted or public restricted agencies”.