Society Registration
Smart professional advice
When group of individuals unite to accomplish common purpose, it is referred as Society. Society Registration Act, 1860 governs the Registration of Society. When a Society registers, it becomes legal entity. Additionally, it brings uniformity in the way of working of Societies which helps in better governance too. It is mostly formed to carry out activities like scientific/charitable or literary works. The purpose of Society Registration can be underlined as it enables to give boost to legal conditions of Society. It also helps Society to get a legal status in India. In other words, it becomes a legal entity.
It is said that Society Registration helps in improving civic life of the people of the country. The imperative aspect for this Registration is that minimum seven members or more can create Society. Memorandum of a Society can be subscribed by Company/ people or Registered Society but it happens only in case Company/people or Registered Society does not belong to India. It becomes applicable only when Company/ people or Registered Society who stays in foreign location expresses interest.
Overview
Society Registration is obtained under the Society Registration Act, 1860. Further, this comes with various benefits like the status of legal entity, several tax exemptions, etc. It is obtained by those entities or groups who work for the benefits of society by providing benefits such as education, health, employment.
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FAQ
Frequently asked questions.
Requesting society registration by providing covering letter, signed by all establishing members. Duplicate copy of Memorandum of Association of society along with certified copy. Duplicate copy of Rules & Regulations of society along with duplicate copy duly signed by all establishing members.
Seven people
A society is formed when a group of people comes together for a common purpose or a charitable cause. A minimum of seven people is required to form a society. And these societies are governed by the 'Societies Act, 1860'.
A trust is an agreement between parties, whereby one party holds an asset for the benefit of another party. Society is a collection of persons, who come together for the initiating any literary, scientific or charitable purpose.
In the absence of registration, all the trustees in charge of the fund have alone a legal status and the society has no legal status, and, therefore, it cannot sue and be sued. A non-registered society may exist in fact but not in law. An unregistered society cannot claim benefits under the Income-tax act.
