Reasons for Society Registration<\/h2>\n\n\n\n
It can be formed for the following purposes:<\/p>\n\n\n\n
![\"Reasons](\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/11\/image-59.png\")
<\/figure><\/div>\n\n\n\n- Promotion of Science;<\/li>
- Promotion of Literature;<\/li>
- Promotion of Fine Arts;<\/li>
- Grant of Charitable Assistance;<\/li>
- Diffusion of Political Education\/useful Knowledge;<\/li>
- Creation of Military Orphan funds;<\/li>
- Foundation or Maintenance of Libraries or Reading Rooms.<\/li><\/ul>\n\n\n\n
Society can also be registered for any other purposes mentioned above, as per the amendment<\/a> that has been enacted to the Societies Act, 1860.<\/p>\n\n\n\n
Process for Society Registration<\/h2>\n\n\n\n
All states of India have already adopted the act, but they have different rules & regulations. Society registration is done in two parts:<\/p>\n\n\n\n
- Memorandum of Association<\/strong><\/li><\/ul>\n\n\n\n
It includes various clauses such as the name of the society, registered office address, object, and other details.<\/p>\n\n\n\n
- Rules & Regulations<\/strong>
- It includes rules and regulations governing the society and its members;<\/li><\/ul>
- Rules & Regulations regarding the meetings and their frequency;<\/li><\/ul>
- Auditor appointment;<\/li><\/ul>
- Legal matters;<\/li><\/ul>
- The reason for dissolution.<\/li><\/ul><\/li><\/ul>\n\n\n\n
It must be signed and certified by the three office-bearers of the society which includes Chairman, President, and Vice-president or secretary.<\/p>\n\n\n\n
Each member must sign these documents, witnessed by an oath commissioner, Gazetted officer, notary, advocate, Chartered Accountant or 1st<\/sup> Class magistrate with their official stamp and address.<\/p>\n\n\n\n
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.<\/p>\n\n\n\n
Requirements-<\/strong><\/p>\n\n\n\n
For society registration, the following requirements should be met:<\/strong><\/p>\n\n\n\n
- A society can be registered with a minimum of seven or more persons.<\/li>
- A person resident in India, foreigners, and companies can subscribe to the Memorandum of society.<\/li>
- Societies can be registered or unregistered like partnership firms.<\/li>
- Only registered society can hold vested properties and can file a suit by\/against society.<\/li>
- The society registration<\/strong><\/a> is managed by the registrar of a society of each state under the state government. The application for the society registration is made to the concerned authority in the state where the registered office of the society is situated.<\/li>
- Before the registration of the society, members must agree on the name of the society and draft the memorandum and rules & regulations of the society.<\/li>
- For the selection of the name of the society, it must be ensured that it should not be identical with the name of existing registered society as per the Society Registration Act 1860.<\/li><\/ul>\n\n\n\n
Documents Required for Society Registration-<\/strong><\/h2>\n\n\n\n
Here is the list of following documents that need to be submitted for the purpose of Societies Registration:<\/p>\n\n\n\n
- Letter in relation to registration, it must be signed by all the members. The letter should state the purpose of the formation of society indicating that it is registered under the society registration act 1860.<\/li>
- Certified copy of the Memorandum of Association, signed by the members with the duplicate copy.<\/li>
- Certified copy of the Rules & Regulations, signed by the members with the duplicate copy.<\/li>
- List of members of the society describing their name, address, and occupation.<\/li>
- Declaration made by the president of the society.<\/li>
- Affidavit by the president or secretary defining the relationship between the subscribers.<\/li>
- Minutes of the meeting.<\/li>
- Address proof of the registered office of the society.<\/li><\/ul>\n\n\n\n
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.<\/p>\n\n\n\n
Benefits of Society Registration<\/h2>\n\n\n\n
Benefits of enrolling for society registration are as follows:<\/p>\n\n\n\n
- A certified society procures legal status;<\/li>
- May get delegation and regards under Income Tax Act<\/li>
- A registered society gets legal identification in all forums and authorities.<\/li>
- A registered society is permitted to open its current account.<\/li><\/ul>\n\n\n\n
Comparison Chart between Trust & Society<\/h2>\n\n\n\n
Basis<\/a><\/strong><\/td> Trust<\/strong><\/td> Society<\/strong><\/td><\/tr> Legislation<\/strong><\/td> Indian Trust Act<\/td> Society Registration Act, 1860<\/td><\/tr> Authority<\/strong><\/td> Sub-Registrar<\/td> Registrar of Society<\/td><\/tr> Registration Document<\/strong><\/td> Trust Deed<\/td> Memorandum of Association and Rules & Regulation<\/td><\/tr> Applicability of stamp duty<\/strong><\/td> Stamp Duty & Registration Fees<\/td> Registration Fees<\/td><\/tr> Members<\/strong><\/td> Minimum Two Trustees, no limit for maximum.<\/td> Minimum Seven, and no limit on a maximum number of members.<\/td><\/tr> Board of Management<\/strong><\/td> Board of Trustees<\/td> Managing or executive committee<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n Conclusion<\/h2>\n\n\n\n
The Society Registration Act lays down the process for society registration. In order to register society, the establishing members are required to agree with the name of society and then prepare other essentials. For more information on Society Registration, contact Enterslice<\/strong><\/a>.<\/p>\n\n\n\n
- The reason for dissolution.<\/li><\/ul><\/li><\/ul>\n\n\n\n
- Legal matters;<\/li><\/ul>
- Auditor appointment;<\/li><\/ul>
- Rules & Regulations regarding the meetings and their frequency;<\/li><\/ul>
- It includes rules and regulations governing the society and its members;<\/li><\/ul>
- Rules & Regulations<\/strong>
- Memorandum of Association<\/strong><\/li><\/ul>\n\n\n\n