Conversion of Co-operative Society or Society registered under Society Registration Act, 1860 into a Section 8 Company

With the introduction of Companies Act, 2013 and notification of its enabling provision Section 366, a Co-operative society or a society registered under the provisions of Society Registration Act, 1860 or any other legislation framed by various state governments or any community benefit society may convert itself into a Section 8 company. Section 366 of the Companies Act, 2013 has provided existing Co-operative societies and societies and any other association registered under different laws an option to convert themselves in a Company under Companies Act, 2013.   Section 366 of the Companies Act, 2013 and rules framed under the Companies […]

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