Society Registration

Society Registration

Well, to form into a society at least seven person with common intent must come together and adopt a memorandum of association and bylaws for the functioning of the NGO. In india most of the state government have adopted The Societies Registration Act, 1860 as a tool to improve registration of societies and to ensure better maintenance of the society as per law.

There are two types of society, one is for National Level Society , and another one is State Level Society. Minimum of seven people must come together with a common purpose of being formed into society. However in the case of national level society, the members / desirous person must represent seven different states. The process of registering NGO as society differs from state to state. We shall extend our assistance in drafting, filing and follow up with the registrar of societies until its registration.

Must Know on Society Formation
State vs National Level

There must be seven-person as Desirous Person / Governing Body to form a society however for national level they must represent seven different states.

No Distribution of Profit

The society though can engage in profit generation activities, however the profits of such a NGO can not be shared to its members.

No Blood Relative

Among the founder members/governing body there must not be any blood relative. The president of the society has to give an affidavit to this effect that there is no blood relative in the gov body.

MOA & Rules of Society

The MOA of the society prescribe the objects for which it is created, and the rules are the guidelines for internal working of the society.

• Can have more than 1 directors, but the shareholder cannot be more than 1.
• Not affected by the death of a member or shift in ownership.
• Effortless to set up and maintain comparatively.
• Restricts the liabilities of its members
• Minimum Paperwork is needed.
• Can work as Stockbroker or Sub-broker.
• Not multiple compliances
• No interference from any third party is seen
• Even no person is permitted to incorporate more than 1 one-person company.