A society is a legal entity formed by a group of individuals who come together to pursue a common purpose or interest, such as social, cultural, educational, or charitable activities. The society is registered under the Societies Registration Act, 1860, which provides for the registration, governance, and dissolution of societies.
A registered society has a separate legal identity from its members, which means that it can enter into contracts, own property, and sue and be sued in its own name. It can also raise funds through donations, grants, and other sources to carry out its activities.
Societies in India are typically used for a variety of purposes, such as promoting education, art, culture, sports, health, and social welfare. They are often run by volunteers and rely on the support of donors and other stakeholders to carry out their activities.
Our company assists in fulfilling these obligations with ease and efficiency. Compliance requirements can be broadly categorized into four types
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One Time after incorporation like appointment of Auditor, Declaration for Commencement of business, Issuance of share certificate etc
Change of Directors, Change of regd. Address,Allotment of shares etc.
Accounting , Tax Filing , Maintenance of records and registers etc
ROC Annual filing, Audit of financial statement, ITR filing etc
Yes, it is possible for an NGO to chanIn India, the duration of validity for society registration depends on the state in which the society is registered. Generally, society registration remains valid indefinitely unless it is voluntarily dissolved or canceled by the relevant authorities.
ge its legal structure after registration. However, it requires following the necessary legal procedures, obtaining consent from the members, and complying with the applicable laws and regulations.
Yes, in many cases, a foreigner can become a member of a society. The eligibility for membership in a society is typically based on the criteria outlined in the society's bylaws or rules and regulations.
No, a society generally cannot act beyond the purpose for which it was formed. The objectives and purpose of a society are typically defined in its memorandum of association or rules and regulations, which serve as its governing documents. These documents outline the specific activities and goals that the society intends to pursue.
Yes, societies can accept donations or grants from individuals, organizations, or government bodies. Donations and grants are often a significant source of funding for societies to support their activities and fulfill their objectives.
