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The societies are governed by the Societies Registration Act of 1860.A society is an entity that can be founded by a group of individuals united in their interests of promoting science, art, literature, social welfare etc. Societies in India are usually formed for meeting charitable goals. To register a Society in a particular state, the members must comply with specific conditions mentioned under the Act. Once the Society is registered, the Society must follow post-registration standards set by the competent authorities in order to remain compliant.
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Even if a member leaves or is replaced with a new member, the entity remains functioning.
A society might fall under income tax exemption. Tax exemptions given to the society is permissible up until the Income Tax Department .
A registered company is considered a separate legal entity and has special powers that allow it to perform the following functions like—Purchase a certain property without having to deal with any legal issues and the registered Society has the legal authority to enforce legal proceedings in court.
Registering a company gives it legal status and this is important for many reasons such as: for opening a bank account, registration and approval under the Income Tax Act, acquisition of company assets legally.
Name of the society
Covering letter(containing objective behind Formation)
PAN of all members
Identity proof of all members
By-laws of the society
Latest Electricity Bill/Water Bill (Latest)
If Rented: Rent Agreement and NOC from the Property owner
If Owned: Copy of Property Papers
To register a society, the following steps must be taken:
Choose a unique name for the society and obtain the name's approval from the Registrar of Societies.
Prepare the Memorandum of Association and the Rules and Regulations of the society.
Obtain the required signatures from all members of the society on the Memorandum of Association and the Rules and Regulations. .
Submit the completed application along with the required documents and fees to the Registrar of Societies in the state where the society will be registered.
The process of registering a society in India can take several weeks, depending on the state and the completeness of the application and supporting documents.
The responsibilities of the office bearers of a registered society in India include:
Managing the society's affairs in accordance with the Memorandum of Association and Rules and Regulations.
Maintaining the society's records and accounts in accordance with legal requirements.
Representing the society in legal and other matters.
Facilitating the participation of members in the society's activities.
Complying with all legal and regulatory requirements.