Business Studies, asked by lavanyab4841, 2 months ago

write a short note on Illegal associations​

Answers

Answered by KaminiBandi
8

An illegal Association is governed by Section 464 of the Companies Act. Section 464 of the Act provides that no company, association or partnership consisting of more than 50 persons be formed to carry on any business for gain unless it is registered under Companies Act or any other Indian law.

Answered by meenakshiashu7709
0

Explanation:

An illegal association is government by section 464 of companies Act. section 464 of the act provides that no company, association or partnership consisting of more than 50 persons be formed to carry on any business for gain unless it is registered under compliance act or any other law

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