Q: Describe NGOs under section 8 of companies act, 2013 ?

Ans: The Companies Act of 2013 has Section 8  which is typically included for charitable purposes. This category resembles society quite a bit because it shares goals with the fields of science, the arts, economics, social welfare, sports, charity, religion, and environmental preservation.
In front of authorities, stakeholders, and sponsors, Section 8 of Companies act present a more formal and serious representation. Despite being a sort of non-profit organization, Section 8 corporations operate very similar to Private Limited corporations in terms of structure and operations. They adhere to all the guidelines established by the Companies Act, just like any other private corporation.

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