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Ind As No. Name of Indian Accounting Standard Ind AS 101 First time adoption of Ind AS Ind AS 102 Share Based Payment Ind AS 103 Business Combination Ind AS 104: Insurance Contracts Ind AS 105 Non-Current Assets Held for Sales and Discontinued Operations Ind AS 106 Exploration for and Evaluation of Mineral Resources Ind AS 107
This article describes the various laws related to non profit organisations in India. A non profit organisation can be registered in India as a Society, under the Registrar of Societies or as a Trust, by making a Trust deed, or as a Section 8 Company, under the Companies Act, 2013. [1]
Limited by Guarantee (Ltd./Gte.): a company limited by guarantee (non-profit company) Unlimited (ULtd.): A company with a share capital, similar to its limited company (Ltd., or PLC.) counterparts, but where the liability of the members or shareholders is not limited; Limited Liability Partnership (LLP): Only allowed in the state of Lagos, Nigeria.
V This is a list of notable nonprofit organisations, charitable organisations and non-governmental organisations (NGOs) working in India or connected with Indian diaspora. This list is incomplete ; you can help by adding missing items .
Conferring of corporate personality to associations that promote cultural and charitable objectives, but exempting them from some cumbersome requirements (which are essentially 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, 2013.
The management of the institute is vested with its council with the president acting as its chief executive authority. A person can become a member of ICAI and become a financial (i.e. statutory) auditor of Indian Companies. The professional membership organization is known for its non-profit service.
A nonprofit organization in Australia can choose from a number of legal forms depending on the needs and activities of the organization: co-operative, company limited by guarantee, unincorporated association, incorporated association (by the Associations Incorporation Act 1985) or incorporated association or council (by the Commonwealth ...
In a non-profit corporation, the "agency problem" is even more difficult than in the for-profit sector, because the management of a non-profit is not even theoretically subject to removal by the charitable beneficiaries. The board of directors of most charities is self-perpetuating, with new members chosen by vote of the existing members.