Society Registration
Need to register a Society?
Society Registration Starting at Just Rs.14,499/- (Inclusive of all Govt. Fees).
Success is doing ordinary things extraordinarily well.
Society Registration – Purposes
A Society can be formed for the promotion of literature, science or fine arts or the diffusion of useful knowledge or political education or for charitable purposes. As per Section 20 of the Societies Act, 1860, a Society can be registered for the following purposes:
Societies Act, 1860
The Societies Registration Act, 1860 was introduced with the aim of improving the legal conditions of society’s 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.
Steps
- The first Step is to get 10 Individuals together who are desirous of forming a Society.
- A Provisional Committee should be formed and a chief Promoter should be elected from amongst them.
- A Name for the Society has to be selected.
- An Application has to be made to the Registration Authority for reservation of Name and a letter to that effect has to be obtained confirming the reservation of Name. The name once reserved is valid for 3 Months.
- The entrance fees and share capital has to be collected from the prospective members.
- A Bank account has to be opened in the name of the proposed society as per the directions of the registration Authority. The entrance fees and share money has to be deposited in the bank account and the certificate from the bank has to be obtained in that respect.
- The registration fees has to be deposited with the Reserve Bank of India and receipted 1challan thereof is to be obtained.
- The application for registration of the society should be submitted to the Registrar of Societies of the concerned municipal ward. The documents to be submitted for registration are as follows:
- Form No. A in quadruplicate signed by 90% of the promoter members
- List of promoter members
- Bank Certificate
- Detailed explanation of working of the society.
- 4 copies of proposed bye-laws of the society.
- Proof of payment of registration charges.
- Other documents like affidavits, indemnity bonds, any documents specified by the Registrar also have to be submitted.
- The Registrar will enter the particulars in register of application maintained in Form “B” and give serial number and issue receipt in acknowledgment of the same.
- On registration, the Registrar will notify the registration of the Society in the Official Gazette and issue Registration Certificate.
|
Basic
₹
14,499
/- (Inclusive of all Govt. Fees). |
| Trust Deed |
| PAN |
| TAN |
|
Standard
₹
16,499
/- (Inclusive of all Govt. Fees). |
| Trust Deed |
| PAN |
| TAN |
| 1 Year Audit |
|
Premium
₹
25,499
/- (Inclusive of all Govt. Fees). |
| Trust Deed |
| PAN |
| TAN |
| 1 Year Audit |
| 1 Year Accounting |
| Trademark Registration |
Comparison among Trust, Society and Non-profit Company
| Trust | Society | Section-8 Company | |
|---|---|---|---|
| Statute/Legislation | Relevant State Trust Act or Bombay Public Trusts Act, 1950 | Societies Registration Act, 1860 | Indian Companies Act, 2013 |
| Jurisdiction | Deputy Registrar/Charity commissioner | Registrar of societies (charity commissioner in Maharashtra). | Registrar of companies |
| Registration | As trust | As Society In Maharashtra, both as a society and as a trust | As a company u/s 8 of the Indian Companies Act. |
| Registration Document | Trust deed | Memorandum of association and rules and regulations | Memorandum and articles of association. and regulations |
| Stamp Duty | Trust deed to be executed on non-judicial stamp paper, vary from state to state | No stamp paper required for memorandum of association and rules and regulations. | No stamp paper required for memorandum and articles of association. |
| Members Required | Minimum – two trustees. No upper limit. | Minimum – seven managing committee members. No upper limit. | Minimum three Members. No upper limit. |
| Board of Management | Trustees / Board of Trustees | Governing body or council/managing or executive committee | Board of directors/ Managing committee |
| Mode of Succession on Board of Management | Appointment or Election | Appointment or Election by members of the general body | Election by members of the general body |
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