Registration of trust for a non-profit is well known and Trust can be formed by 2 or more peopl...
Society is an association of persons that unite for a common purpose with mutual consent and act together. They are mainly formed for the purpose of charitable causes such as education, art, and culture without financial gain.
It is governed by the Society Registration Act 1860 which has been accepted by the states out of which many of them have already amended the original act. This act lays down the process of registration of the society.
It can be formed for the following purposes:
Society can also be registered for any other purposes mentioned above, as per the amendment that has been enacted to the Societies Act, 1860.
All states of India has already adopted the act, but they have different rules & regulations. The registration of society approved by the registrar of the society of each state under the state government.
For society registration it is done in two parts:
It includes various clauses such as the name of the society, registered office address, object, and other details.
It must be signed and certified by the three office bearers of the society which includes Chairman, President, and Vice-president or secretary.
Each member must sign these documents, witnessed by an oath commissioner, Gazetted officer, notary, advocate, Chartered Accountant or 1st Class magistrate with their official stamp and address.
The members must approve clauses of the MOA and Rules & Regulations. The object clause under MOA should clearly define the purpose of the society for which it is formed.
Here is the list of following documents that need to be submitted for the purpose of Societies Registration:
The documents are required to be filed with the registrar of the society along with the fees. After satisfying the details, the registrar shall register the society.
For more information on the society registration, follow the link provided here.
|Legislation||Indian Trust Act||Society Registration Act, 1860|
|Authority||Sub-Registrar||Registrar of Society|
|Registration Document||Trust Deed||Memorandum of Association and Rules & Regulation|
|Applicability of stamp duty||Stamp Duty & Registration Fees||Registration Fees|
|Members||Minimum Two Trustees, no limit for maximum.||Minimum Seven, and no limit on a maximum number of members.|
|Board of Management||Board of Trustees||Managing or executive committee|