Society Registration in Delhi, India
A society is an association of several individuals combined using a mutual accord to deliberate, govern, and behave cooperatively for some communal purpose. Societies are often registered for the progress of charitable activities like sports, music, culture, faith, art, education, etc.
Society Registration, which comes under the Society Registration Act, 1860 lays down certain processes for the sake of society registration & operation. This act was executed with the purpose of augmenting the legal stipulations of society enrollment for the advancement of literature, fine arts, science, or distribution of awareness for bountiful functions. The society registration of 1860 was accepted by numerous state authorities.
Society is an act for communal purposes. It is a consent agreement between the members of the concerned authorities. Societies are mainly formed to deliver charity to the public. The groups do not desire any profits or gain from this formation. The firm and society registration is mainly focused on attaining uniformity among societies and the public. Most of the states in India have adopted this rule.
Societies Registered
Or formed for a common purpose, and it can be the following.
Benefits of Society Registration in Delhi, India
The benefits are listed below.
Benefits of Society Registration in Delhi, India
The benefits are listed below.
Procedures for New Society Registration
In order to register a society, a minimum of 7 members is needed. Society registration at the national level requires a minimum of 8 members, and these members are from different states. If the society registration happened in Delhi, then one member should be from Delhi along with any of the valid address proof. It can be an Aadhar card, Voter ID, Water bill, or electricity bill, as well as the other persons who are also from different states each. The members should sign in MOA and filled with the registry of Joint-stock-companies.
Apart from individuals from India, companies, foreigners, as well as other societies that are registered may also register for the Memorandum of association of the society. Like Partnership companies, society may also be unregistered or registered. But, only the registered societies are going to be able to withstand consigned possessions or possess an ensemble filed against or by the society.
For Society registration, the establishing members must agree with the name of society first and then prepare for your Memorandum, followed by Rules & Regulations of the society.
Selection of Namen
The selection of names is the primary and most important step of NGO Society Registration. The name should be unique and should not violate anyone’s name or trademark. The manager of the society should fill the affidavit regarding the name is not the same or similar to any other NGO.
Designing of MoA & By-Laws
The MoA (Memorandum of Association) of the society describes the main objectives for which it is being formed, whereas the rules and laws are applicable and the responsibilities of the manager, treasurer, and secretary. It must be signed by establishing member, witness by Gazetted Officer, Oath Commissioner, Notary Public, Chartered Accountant, Advocate, Chartered Accountant (CA) with their stamp and address. It must contain the name and objective of the society. It contains all the society members with their names, address, and occupation.
Registration of Societies
The registrar of the societies submits the signed MoA, affidavit, and KYC Documents to the particular officials. After completing all those verifications, the registration certificate of Society is issued.
PAN, TAN, and Bank A/C
After the society registration, the next important and crucial step is to apply for allotment of PAN number and TAN and after opening a bank A/C for company purpose.
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