A Society can be described as an association of persons united by mutual consensus that act jointly for some common purpose.
The provisions of the Societies Registration Act, 1860 aims fulfilling legal conditions of societies established for promotion zaire science or fine arts or for the diffusion of useful knowledge and charitable purposes and can form a Society.
A Society can be formed by a minimum of eight or more persons to enter into a contract including the following foreigners even if all the subscribers are foreigners partnership firms a limited company as a registered society.
The Registration of a Society gives the society a legal status and is opening bank accounts obtaining registration and approvals under the Income-Tax Act, lawful vesting of properties of societies and other things.
Recognition to the society at all forums and before all authorities is a necessity.
A suit can be filed by or against a registered society in the name of certain office bearers or trustees as provided by the rules and regulation of the society or in the name of such persons as may be appointed by the governing body of the society. In the absence of registration society has no legal status and therefore it cannot sue or be sued.
In a Society, the power of attorney lies with the members of the society.
They can remove the President or elect a new one. It all depends upon the members as they enjoy the status of members of a legislative assembly.
Society Registration is perfect for such examples where you want to undertake big projects at National Levels. However, the legalities of a society is a bit complex as compared to a Trust.
The major difference between a Trust and Society is that a Trust can be registered with a minimum of 3 members and all can be from the same state of India and they can even be connected to each other by the relation of blood such as brothers and sisters. But in a Society Registration, all members have to be from outside and they cannot be family members.
There have to be 8 different members from eight different states of India.
(i) Societies registered under the Societies Registration Act, 1860 and various States amendments on it after 1947;
(ii) Those engaged in pure religious and charitable work registered under the Religious Endowments Act, 1863; the Charitable and Religious Trusts Act, 1920; the Waqf Act, 1995 and similar other State Acts;
(iii) Trusts and charitable institutions registered under the Indian Trusts Act, 1882; Charitable Endowments Act, 1890; the Bombay Public Trusts Act, 1950; and similar other State Acts or visit ngo registration for more details.
If you are looking forward to Society Registration, mail us on thengosystem@gmail.com