Eye-opening Contribution of Section 464 of Companies ACT, 2013

Section 464 of the Companies Act 2013, defines the term illegal association. According to this section if any association or partnership firm consists of more than such number of persons as may prescribed by law and engaged in a profit generating business without getting registered itself as a company under Companies Act or is formed under any other law for the time being in force.Section 464 of the Companies Act 2013, defines the term illegal association. According to this section if any association or partnership firm consists of more than such number of persons as may prescribed by law and engaged in a profit generating business without getting registered itself as a company under Companies Act or is formed under any other law for the time being in force.taxmann.com Latest ArticlesRead More

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