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SOCIETY REGISTRATION How to Register Society in India
What is Society Registration? 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. .
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. .
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SIGNIFICANCE OF SOCIETY REGISTRATION
Society gains a status of a legal entity. Sell, buy, rent as well as Right to lease are the facilities that can be availed by a Society.
Advantage Of Society
A membership of a Society may change but it will continue to be a separate entity. Income Tax exemption can be availed by a Society if a Society is incorporated. In case of unlawful activities, the members are held to pay the debts as well as obligations. Incorporated Society is required to meet minimum requirements which are set by Incorporated Society Act 1908 which gives an assurance to members of the Society. The bank accounts can be opened by Society. Society gains recognition in front of Forums as well as Authorities. Society also needs to bear certain limitations which are as follows Only Public Trusts can enjoy Tax exemptions provided they are considered to be engaged. in
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charitable activities according to Income tax department. It lacks in professionalism. The managerial practices are not followed mostly. The commercial investors consider it as a risky investment which deters them to invest in bulk.
Documents Required
Driving License/ Aadhaar/ Voter ID/
Society Bye-laws (two copies) Society’s name Office’s address proof Memorandum of Association (two copies)
The applicant must conduct comprehensive research to file a unique name for the proposed Society.
Draft the Memorandum of Association Society must sign the Memorandum with Rules and Regulations of the Society.
Prepare other necessary documents
File documents with the concerned Registrar
Documentation plays a vital in the Society Registration criteria. Hence, affix the documents of Cover Letter,
Once you have prepared all the documents, submit it to the concerned Registrar of your State with the fee.
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Select Unique Name
The name of Society should be as per the rules laid out by Society Act, 1860 which states if identical name is selected, the Authority will reject it.The name should not be against State Government/ Government of India.The name should abide by Emblem and Names Act, 1950.No word or phrase must be included which goes against Government/Community.
Who Can Apply? Foreigners or a non-resident of India Partnership FirmLimited Company Registered Societies A minor (below the age of 18 years) is not eligible Foreign & Indian Companies
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