Wednesday, June 24, 2015

How to register a Society

A minimum of 7 members are required to register a Society. A society shall be registered with the Registrar office under Societies Registration act 1860 (A separate Registrar of Societies will be in your area). Only for Maharashtra state its different and it shall be registered with Charity commissioner.
Registration of society is undertaken by a basic document of Memorandum of understanding and Articles of Association with the specified rules and regulations. Such document consists of Name, occupation and address of all members and with the rights, power, duties and responsibilities of each members and governing body.
Society registration is formed by association of at least 7 members. Each designated persons will be elected by election 3 years once or as specified by the about society document.
The objects and rules of the society is formed as per the societies act and you shall contact the society of registrar to have more details towards creation of bye-law ( Memorandum of understanding and articles of association). Also you can ask your Auditor, chartered person, Lawyers, Attorney to help you towards this bye-law creation.
No stamp paper is required for society registration. Management of society run by Governing body and succession in management is by Election.
As per the Societies act, the Governing body meeting and Annual general meeting should be conducted. Governing body members are entrusted the management of the affairs of the society. Where as the General body member duties include election of Governing body members, alteration of name, objects, rules and regulations if necessary. Even a foreigner can be a member of a society in India.
The purpose and object of the society shall be literary, scientific or charitable purpose.
After registration of society, you shall apply of PAN CARD if required. Any way each year we have to submit the accounts to the Registrar of societies.
Non-filling of names, addresses and occupation of Governing body members, council, directors, committee entrusted with management of the Society or willfully furnishing false information or return or refusing or neglecting to send audited income and expenditure statement and information are offences of the Society which is penalizable.


Arpita Rathi said...

this is nice information. Are you want to know your jurisdiction under pan

Post a Comment

Be a Friend Like | - Latest Sarkari Jobs |