Wednesday 22 February 2012

BRIEF ON SOCIETIES REGISTRATION


SOCIETY FORMATION( As per Societies Registration Act, 1860)

S.No.
Particulars
Description
1
Membership
Seven or more than 7 people
2
Object
Literary, Scientific or charitable purpose, or for those purpose described in Section 20
3
Scope & Extent of activity
Describe and limited by charter of society or its Memorandum of Association

4
Registration
To register with the Registrar of Societies for legal identity
5
General Body
The duties include election of the Governing Body members, alteration of name, object, rules and regulations, if necessary
6
Governing Body
The members of the Governing body are entrusted with the management of the affairs of the Society.

FUNCTIONING
·         Funds to be applied for the object of the Society.
·         Accounts to be maintained and statement of income and expenditure to be prepared and filed with the Income Tax Authority as prescribed.

Filing of documents for Registration
I)                    Signed application of request by subscribers for registration ( under the Act) of Society
II)                  Memorandum of Association
III)                Rules & Regulation
IV)               Affidavit of President stating relationship of subscribers
V)                 Proof of registered office premises.
Other Requirement
To file list of names, addresses, occupations o the members of the Governing body once 

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