Society

Starting at Rs. 9999/- onwards + GST

Society

A society is an association of persons united together by mutual consent to deliberate, determine and act jointly for some common purpose. Societies are usually registered for promotion of charitable activities like education, art, religion, culture, music, sports, etc. In India, The Societies Registration Act, 1860 lays down the procedure for society registration and operation in India. In this article, we look at the process for society registration in India.

The Societies Registration Act, 1860 was introduced with the aim of improving the legal conditions of societies registration for promotion of literature, science or fine arts or for diffusion of useful knowledge for charitable purposes. The Societies Registration Act, 1860 has been adopted by most of the State Governments with/without further amendments.



KEY POINTS

  • The registration of society can be done under The Societies Registration Act, 1860.
  • The purpose of forming a society is to promote charitable activities like education, art, religion, culture, music, sports, etc.
  • The formation of society requires a minimum number of seven (7) persons. Persons can be Individuals (Indians/Foreigners), companies and other registered societies.
  • Societies can be registered or unregistered. However, only registered societies can hold vested properties and/or have a suit filed by or against the society.

SIGNIFICANCE OF SOCIETY REGISTRATION


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 a society. The Memorandum of a society can be subscribed by company/people or registered society.

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 is registered, 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 the society to get a legal status in India. In other words, it becomes a legal entity.


    ADVANTAGES


  • Separate Property: Society can purchase a certain property without legal hassles. Registered Society encounters lesser compliances while vesting the property in its own name.
  • Capacity to sue: Society can file cases in case of a dispute or against the defaulters. A registered society holds the right to enforce proceedings regarding legal affairs in the court.
  • Transfer of Property: Society can Shift its old property to another entity without engaging with daunting documentation or stringent compliances.
  • Funding: A society can accumulate funds from outside sources.
  • Tax Benefits: Income Tax exemption can be availed by a Society, if a Society is incorporated.
  • Recognition: A registered society gains recognition in front of Forums as well as various Authorities.

DOCUMENTS REQUIRED

Information

  • Proposed name of the trust.
  • Contribution amount.
  • Object of the trust.
  • No of members.
  • Email Id of all the members
  • Mobile number of all the members

Documents:

  • Address proof of all the members.
  • Pan Card of all the members.
  • Address Proof of the Office/Place (Electricity Bill latest by 2 months) and NOC/Rent Agreement.
  • Passport size photo of all the members.

Timelines

It takes 25 to 30 working days for the formation of unregistered firm and around 25 to 30 working days for registered partnership firm.


Fees

Society Registrations start from Rs. 9999/- onwards + GST, but the registration may vary from state to state.

FAQs


  • For what purposes can we form a society? 

    As per section 20 of the Society Act, 1860, a society registration can be done for these purposes: Promotion of fine arts, Diffusion of political education, Grant of charitable assistance, Promotion of science and literature, Creation of military orphan funds, Maintenance or foundation of galleries or public museum, Maintenance or foundation of reading rooms or libraries, Promotion or diffusion or instruction of useful knowledge, Collections of natural history, Collections of mechanical and philosophical inventions, designs, or instruments.

  • Who can form a society?

    A society can be formed by a group of at least seven people. Foreigners, companies, and other registered societies, in addition to Indian citizens, can subscribe to a society's memorandum. Societies, like partnership firms, can be registered or unregistered.

  • Who can subscribe to the memorandum of association of society?

    Foreigners, limited companies, registered societies, and partnership firms, among others, can subscribe to the society's memorandum.

  • Who can sign the documents on behalf of the society?

    In general, all documents to be filed with the Registrar of Society should be signed by the President, Chairman, Secretary, or any other person authorised in this capacity.

  • Is society a legal entity?

    Apart from its members, a society registered under the Act has the legal status of a legal organisation. A society that has been registered is a legal person with the same rights as an individual, but it does not have a physical existence. As a result, it has the ability to acquire and hold property, as well as sue and be sued.

Address :

T-10, 3rd Floor, Pankaj Plaza, PLOT-7, Pocket 7, Sector 12, Dwarka, New Delhi, Delhi 110075

Phone Number :

011-41734240, 9999704687

Email :

info@vyaapaarsalahkaar.com