Society Registration - Overview
A society is an affiliation or tie-up of several persons joined hands together using a mutual agreement to manage, and act on some common purpose.
Societies are typically registered for incentivizing charitable undertakings like music, sports, art, religions, education, etc. The Society Registration Act is the governing body of registered societies in India. Such societies are liable to operate in line with provisions of the said Act.
Purpose of Society Registration
Endorsement of Science, Fine Arts, Literature and so on
Distribution of political education
Funding for charitable aid
Incentivization of literature & science
Establishment of Military orphan funds
Maintenance or establishment of galleries or public museums
Groundwork or maintenance of reading place or reading rooms or libraries,
Diffusion or commands of useful knowledge
Accumulations of natural history
Accumulations of philosophical & mechanical inventions, instruments or design.
Documents Required For Registration
- The Society name
- Address proof of the registered office.
- Identity proof of all the members of the company which can be: Aadhaar card, Copy of Passport, Driving License, Voter ID
- Two copies of the MOA and By-laws as per the specified norms for the society registration.
- Once the processing fee for the registration is executed, it takes around 8 to 10 days to draft the MoA and By-laws of the Society. Thenceforth it takes about 21 to 30 days to complete the Society registration process.
Process To Register
- A society can be set up by at least seven or more Indian nationals. Apart from that, entities, overseas nationals, and other registered societies possess rights to register Society's MOA.
- Just like Partnership Company, society has the liberty of functioning as an unregistered entity. However, only the registered societies will hold the properties in their name or have the right to sue the defaulter in its
- State governments administer society registration in India. Therefore, the application for the same should be filed before the specific authority of the state, which the society has its registered office.
- Society registration usually begins with the name approval process followed by the drafting of the MOA and the Rules & Regulations of the society.
- Opening a current account on the company name in an authorized bank
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