Society Registration, under,The Society Registration Act, in India, lays down certain procedures for the sake of society registration & operation. This act was implemented with the purpose of augmenting the legal stipulations of society registration for the advancement of literature, fine arts, science or distribution of awareness for bountiful purposes. The society registration act, 1860 has been accepted by several state governments without or with further amendments.
A Society can be created by a minimum of 7 or more persons. Apart from persons from India, companies, foreigners, as well as other registered societies can also register for the Memorandum of the society. Similar to Partnership firms, society can also be either unregistered or registered. But, only the registered societies will be able to withstand consigned properties and/or have an ensemble filed against or by the society.
Section 8 Company can also be registered in India. And One director must be resident of India.
There must be seven-person as Desirous Person / Governing Body to form a society however for national level they must represent seven different states.
The society though can engage in profit generation activities, however the profits of such a NGO can not be shared to its members.
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.
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.
The Name of the Society should be cross-checked with the ROC and the trademark registry to avoid any infringement of someone else Trademark or Other Company /LLP Name. The selection of a proper name should be the starting point.
The MOA of the society describes the main object for which it is being formed, where as the rules is for internal affairs of the society such as, quorum of meetings, powers and responsibilities of the official positions of president, secretary or treasurer.
The registrar of societies are then approached with an application along with the signed MOA, by rules, affidavits and KYC documents of desirous person and officials. After verification of documents the Certificate of Registration of Society is issued.
The issue of Pan Number and TAN is done automatically at the time of incorporation of the Company. There is no need to make any separate application. The PAN Number and TAN come printed on the certificate of incorporation itself, and after the registration of the Company, E-Pan and Tan letter is sent via email.
Ans. 1 An NGO stands for Non â€“ Government Organization. The term NGO originated from the United Nations (UN), and is normally used to refer to organizations that do not form part of the government and are not conventional for profit or business. Today there is need for the betterment of the underprivileged section of the society. This need can be satisfied using non-profit organization.
Ans. 2 There are 2 types of non-profit NGO. One is Trust and the other is Society. The third type of NGO is a profitable NGO which is often registered under Companies Act.
Ans. 3 Non-Profit NGOs are registered under 2 acts. One is Indian Trust Act, 1882 and the other is Indian Societies Act, 1860 , Indian Trusts are registered under Trust Act and the Societies are registered under Societies Act. The third type of act is Indian Companies Act, 1956 under which a profitable NGO is registered.
Ans. 4 An NGO is eligible for Government funding after 3 years. However, in some special cases, an NGO can get Government funding even after 1 year if its project gets approved.
Ans. 5 CSR stands for Corporate Social Responsibility. These are voluntary activities undertaken by a company to operate in an economic, social and environmentally sustainable manner. According to new CSR rule as implemented in 2013, every company makes a minimum profit of 500 crores must donate some amount of money in eradicating poverty, education and benefits of the society.
Ans. 6 The minimum members required to register an NGO is 3 if it is a Trust. It is not necessary to have all 3 members from 3 different states. If you are registering a Society, you must have a minimum members of 7 from seven different states of India.
Ans. 7 An NGO has basically 3 min posts which that of a President, General Secretary and Treasurer. In some cases, you can also have a Vice President.