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How to form a company under section 25?
Conferring of corporate personality to associations that promote cultural and charitable objects, but exempting them from the operation of some cumbersome requirements (which are essential only for regulation of business bodies but are difficult for compliance by non-profit companies), are the noteworthy features that are provided under the Companies Act, 1956. According to section 25(1), "Where it is proved to the satisfaction of the Central Government that an association: Is about to be formed as a limited company for promoting commerce, art, science, religion, charity or any other useful object,